MillerKnoll, Inc. (MLKN) P/E Ratio History
Historical price-to-earnings valuation from 1991 to 2026
Loading P/E history...
MLKN Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, MillerKnoll, Inc. (MLKN) trades at a price-to-earnings ratio of -30.9x, with a stock price of $16.38 and trailing twelve-month earnings per share of $-0.37.
The current P/E is 202% below its 5-year average of 30.2x. Over the past five years, MLKN's P/E has ranged from a low of 9.6x to a high of 102.7x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 19.4x, MLKN trades at a 259% discount to its sector peers. The sector includes 302 companies with P/E ratios ranging from 0.1x to 199.2x.
Relative to the broader market, MLKN trades at a notable discount to 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 MLKN 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.
MLKN P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 15.8 | - | +50% | |
| $2B | 31.3 | 12.39 | -61% | |
| $554M | 10.8Lowest | 0.25Best | -19% | |
| $295M | 15.5 | - | +86%Best | |
| $1B | 15.1 | 2.10 | -17% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MLKN Historical P/E Data (1991–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sat Aug 30 2025 00:00:00 GM | $21.11 | $0.69 | 30.6x | +1% |
| FY2025 Q4 | Sat May 31 2025 00:00:00 GM | $16.87 | $0.38 | 44.1x | +46% |
| FY2025 Q3 | Sat Mar 01 2025 00:00:00 GM | $21.50 | $1.36 | 15.8x | -48% |
| FY2025 Q2 | Sat Nov 30 2024 00:00:00 GM | $25.14 | $1.85 | 13.6x | -55% |
| FY2025 Q1 | Sat Aug 31 2024 00:00:00 GM | $29.45 | $0.87 | 33.7x | +12% |
| FY2024 Q4 | Fri May 31 2024 00:00:00 GM | $27.58 | $1.11 | 24.8x | -18% |
| FY2024 Q3 | Sat Mar 02 2024 00:00:00 GM | $29.68 | $0.98 | 30.1x | -0% |
| FY2024 Q2 | Sat Dec 02 2023 00:00:00 GM | $26.66 | $0.70 | 38.1x | +26% |
| FY2024 Q1 | Sat Sep 02 2023 00:00:00 GM | $19.37 | $0.46 | 42.2x | +40% |
| FY2023 Q4 | Wed May 31 2023 00:00:00 GM | $13.55 | $0.58 | 23.4x | -22% |
| FY2023 Q3 | Sat Mar 04 2023 00:00:00 GM | $25.16 | $0.89 | 28.1x | -7% |
| FY2023 Q2 | Sat Dec 03 2022 00:00:00 GM | $20.27 | $1.04 | 19.5x | -35% |
Average P/E for displayed period: 30.2x
See MLKN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MLKN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MLKN vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonMLKN — Frequently Asked Questions
Quick answers to the most common questions about buying MLKN stock.
Is MLKN stock overvalued or undervalued?
MLKN trades at -30.9x P/E, below its 5-year average of 30.2x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does MLKN's valuation compare to peers?
MillerKnoll, Inc. P/E of -30.9x compares to sector median of 19.4x. The discount suggests lower growth expectations or higher risk.
What is MLKN's PEG ratio?
MLKN PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1991-2026.