Mitek Systems, Inc. (MITK) P/E Ratio History
Historical price-to-earnings valuation from 1992 to 2026
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MITK Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Mitek Systems, Inc. (MITK) trades at a price-to-earnings ratio of 80.8x, with a stock price of $15.36 and trailing twelve-month earnings per share of $0.34.
The current P/E is 13% 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 70th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, MITK trades at a 192% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
The PEG ratio of 74.36 (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 25.1x. 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 P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $114B | 29.8 | 2.04 | +31% | |
| $3B | 17.5 | 0.90 | +17% | |
| $455M | 6.4Lowest | - | +30% | |
| $1B | 19.7 | 1.02 | +271%Best | |
| $6B | 9.9 | 0.37 | +43% | |
| $24B | 63.0 | 2.58 | -47% | |
| $30B | 9.0 | 0.25Best | +18% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MITK Historical P/E Data (1992–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | $13.50 | $0.35 | 38.7x | -45% | |
| FY2026 Q1 | Wed Dec 31 2025 00:00:00 GM | $10.55 | $0.35 | 30.2x | -57% |
| FY2025 Q4 | $9.77 | $0.19 | 51.3x | -27% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $9.90 | $0.33 | 29.9x | -57% |
| FY2025 Q2 | Mon Mar 31 2025 00:00:00 GM | $8.25 | $0.28 | 29.0x | -59% |
| FY2025 Q1 | $11.13 | $0.09 | 123.1x | +75% | |
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $8.67 | $0.06 | 143.5x | +104% |
| FY2023 Q4 | Sat Sep 30 2023 00:00:00 GM | $10.72 | $0.17 | 63.3x | -10% |
| FY2023 Q3 | Fri Jun 30 2023 00:00:00 GM | $10.84 | $0.21 | 52.0x | -26% |
| FY2023 Q2 | Fri Mar 31 2023 00:00:00 GM | $9.59 | $0.21 | 45.0x | -36% |
| FY2023 Q1 | Sat Dec 31 2022 00:00:00 GM | $9.69 | $0.11 | 86.2x | +23% |
| FY2022 Q4 | Fri Sep 30 2022 00:00:00 GM | $9.16 | $0.08 | 114.4x | +63% |
Average P/E for displayed period: 70.3x
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Start ComparisonMITK — Frequently Asked Questions
Quick answers to the most common questions about buying MITK stock.
Is MITK stock overvalued or undervalued?
MITK trades at 80.8x P/E, near its 5-year average of 71.7x. The 70th percentile ranking places valuation within normal historical bounds.
How does MITK's valuation compare to peers?
Mitek Systems, Inc. P/E of 80.8x compares to sector median of 27.7x. The premium reflects expected growth above peers.
What is MITK's PEG ratio?
MITK PEG ratio is 74.36. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1992-2026.