Mitek Systems, Inc. (MITK) P/E Ratio History
ExpensiveTrading at 101.5x vs 5Y avg 71.7x · 85th percentile · Material premium to history · Data 1992–2026
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P/E Ratio Analysis
As of June 28, 2026, Mitek Systems, Inc. (MITK) trades at a price-to-earnings ratio of 101.5x, with a stock price of $19.29 and trailing twelve-month earnings per share of $0.34.
The current P/E is 42% above its 5-year average of 71.7x. Over the past five years, MITK's P/E has ranged from a low of 29.0x to a high of 143.5x, placing the current valuation at the 85th percentile of its historical range.
Compared to the Technology sector median P/E of 29.3x, MITK trades at a 246% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 196.8x.
The PEG ratio of 93.38 (P/E divided by 175% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, MITK commands a significant premium over the S&P 500 median P/E of 25.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our MITK DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
MITK Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
MITK P/E vs Peers
Emerging tech platforms (AI, blockchain, identity) peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $73B | 19.6 | 1.34 | +31% | |
| $2B | 312.6 | - | +115% | |
| $4B | 22.7 | 1.17 | +17% | |
| $531M | 7.5Lowest | - | +30% | |
| $1B | 19.7 | 1.02 | +271%Best | |
| $6B | 9.5 | 0.36 | +43% | |
| $20B | 51.4 | 2.11 | -47% | |
| $26B | 7.8 | 0.22Best | +18% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
MITK Historical P/E Data (1992–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $13.50 | $0.35 | 38.7x | -45% |
| FY2026 Q1 | Dec 31 2025 | $10.55 | $0.35 | 30.2x | -57% |
| FY2025 Q4 | - | $9.77 | $0.19 | 51.3x | -27% |
| FY2025 Q3 | Jun 30 2025 | $9.90 | $0.33 | 29.9x | -57% |
| FY2025 Q2 | Mar 31 2025 | $8.25 | $0.28 | 29.0x | -59% |
| FY2025 Q1 | - | $11.13 | $0.09 | 123.1x | +75% |
| FY2024 Q4 | Sep 30 2024 | $8.67 | $0.06 | 143.5x | +104% |
| FY2023 Q4 | Sep 30 2023 | $10.72 | $0.17 | 63.3x | -10% |
| FY2023 Q3 | Jun 30 2023 | $10.84 | $0.21 | 52.0x | -26% |
| FY2023 Q2 | Mar 31 2023 | $9.59 | $0.21 | 45.0x | -36% |
| FY2023 Q1 | Dec 31 2022 | $9.69 | $0.11 | 86.2x | +23% |
| FY2022 Q4 | Sep 30 2022 | $9.16 | $0.08 | 114.4x | +63% |
| FY2022 Q3 | - | $9.24 | $0.12 | 76.6x | +9% |
| FY2022 Q2 | - | $14.67 | $0.19 | 76.6x | +9% |
| FY2022 Q1 | Dec 31 2021 | $17.75 | $0.20 | 86.6x | +23% |
| FY2021 Q4 | - | $18.50 | $0.19 | 99.1x | +41% |
| FY2021 Q3 | Jun 30 2021 | $19.26 | $0.26 | 74.6x | +6% |
| FY2021 Q2 | Mar 31 2021 | $14.58 | $0.22 | 65.1x | -7% |
| FY2021 Q1 | - | $17.78 | $0.22 | 79.8x | +13% |
| FY2020 Q4 | Sep 30 2020 | $12.74 | $0.19 | 68.2x | -3% |
| FY2020 Q3 | - | $9.61 | $0.15 | 66.0x | -6% |
| FY2020 Q2 | - | $7.88 | $0.11 | 70.8x | +1% |
| FY2020 Q1 | - | $7.65 | $0.07 | 107.3x | +53% |
| FY2018 Q3 | Jun 30 2018 | $8.90 | $0.07 | 127.3x | +81% |
| FY2018 Q2 | Mar 31 2018 | $7.40 | $0.17 | 44.7x | -36% |
| FY2018 Q1 | Dec 31 2017 | $8.95 | $0.23 | 39.1x | -44% |
| FY2017 Q4 | Sep 30 2017 | $9.50 | $0.38 | 25.0x | -64% |
| FY2017 Q3 | Jun 30 2017 | $8.40 | $0.06 | 141.4x | +101% |
| FY2017 Q2 | Mar 31 2017 | $6.65 | $0.06 | 108.8x | +55% |
| FY2017 Q1 | Dec 31 2016 | $6.15 | $0.05 | 123.7x | +76% |
| FY2016 Q4 | Sep 30 2016 | $8.29 | $0.06 | 142.9x | +103% |
| FY2016 Q3 | - | $7.11 | $0.06 | 121.3x | +73% |
| FY2016 Q2 | - | $6.54 | $0.07 | 96.2x | +37% |
| FY2016 Q1 | - | $4.11 | $0.07 | 62.4x | -11% |
| FY2015 Q4 | Sep 30 2015 | $3.19 | $0.08 | 39.4x | -44% |
| FY2015 Q3 | - | $3.79 | $0.05 | 74.2x | +5% |
| FY2012 Q1 | Dec 31 2011 | $7.25 | $0.02 | 331.1x | +371% |
| FY2006 Q2 | Mar 31 2006 | $1.65 | $0.02 | 80.9x | +15% |
| FY2003 Q2 | Mar 31 2003 | $1.08 | $0.02 | 50.7x | -28% |
| FY2003 Q1 | - | $1.23 | $0.01 | 192.2x | +173% |
| FY2002 Q4 | Sep 30 2002 | $0.95 | $0.03 | 30.6x | -56% |
| FY2002 Q3 | Jun 30 2002 | $1.29 | $0.02 | 60.8x | -13% |
| FY2002 Q2 | Mar 31 2002 | $2.71 | $0.05 | 51.6x | -27% |
| FY2002 Q1 | Dec 31 2001 | $1.45 | $0.02 | 93.5x | +33% |
| FY2000 Q3 | Jun 30 2000 | $5.75 | $0.18 | 32.6x | -54% |
| FY2000 Q2 | Mar 31 2000 | $11.19 | $0.21 | 54.2x | -23% |
| FY2000 Q1 | Dec 31 1999 | $4.31 | $0.21 | 20.9x | -70% |
| FY1999 Q4 | - | $4.38 | $0.20 | 22.3x | -68% |
| FY1999 Q3 | Jun 30 1999 | $2.81 | $0.15 | 18.8x | -73% |
| FY1999 Q2 | Mar 31 1999 | $1.56 | $0.11 | 14.2x | -80% |
| FY1999 Q1 | - | $1.16 | $0.06 | 19.3x | -73% |
| FY1997 Q2 | Mar 31 1997 | $1.75 | $0.09 | 19.4x | -72% |
| FY1997 Q1 | - | $1.56 | $0.10 | 15.6x | -78% |
| FY1996 Q4 | Sep 30 1996 | $4.19 | $0.14 | 29.9x | -57% |
| FY1996 Q3 | Jun 30 1996 | $5.88 | $0.09 | 65.3x | -7% |
| FY1996 Q2 | Mar 31 1996 | $2.56 | $0.03 | 85.4x | +21% |
| FY1993 Q2 | Mar 31 1993 | $0.94 | $0.08 | 12.0x | -83% |
| FY1993 Q1 | - | $1.13 | $0.07 | 16.1x | -77% |
| FY1992 Q1 | - | $1.38 | $0.17 | 8.1x | -88% |
Average P/E for displayed period: 70.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
34+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MITK — Frequently Asked Questions
Quick answers to the most common questions about buying MITK stock.
What is MITK's P/E ratio?
Mitek Systems, Inc. (MITK) trailing twelve-month P/E ratio is 101.5x, based on TTM diluted EPS of $0.34. The 5-year average P/E is 71.7x and the historical range spans 29.0x to 143.5x.
Is MITK stock overvalued or undervalued?
MITK trades at 101.5x P/E, above its 5-year average of 71.7x. The 85th percentile ranking within the 29.0x–143.5x historical range indicates a premium to historical valuation.
Is MITK stock expensive?
Yes, MITK is expensive relative to its own history. The current P/E of 101.5x is above the 5-year average of 71.7x and also above the Technology sector median of 29.3x. The stock sits at the 85th percentile of its 5-year valuation range.
What is MITK's historical P/E range?
Over the past 5 years, MITK's P/E ratio has ranged from 29.0x to 143.5x, with a median of 74.6x and an average of 71.7x. The current P/E of 101.5x places the stock at the 85th percentile of this range. Full historical data spans 1992–2026.
How does MITK's P/E compare to the S&P 500?
MITK trades at 101.5x P/E versus the S&P 500 median of 25.3x. The 301% premium to the market typically reflects higher expected earnings growth or quality.
How does MITK's valuation compare to Technology peers?
Mitek Systems, Inc. P/E of 101.5x compares to the Technology sector median of 29.3x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is MITK's PEG ratio?
MITK PEG ratio is 93.38, based on a P/E of 101.5x and EPS growth of 175.0%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is MITK's earnings yield?
MITK earnings yield is 0.98%, the inverse of its 101.5x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.