Maximus, Inc. (MMS) P/E Ratio History
Historical price-to-earnings valuation from 1998 to 2026
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MMS Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Maximus, Inc. (MMS) trades at a price-to-earnings ratio of 11.6x, with a stock price of $63.95 and trailing twelve-month earnings per share of $6.72.
The current P/E is 42% below its 5-year average of 20.0x. Over the past five years, MMS's P/E has ranged from a low of 12.9x to a high of 30.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.9x, MMS trades at a 55% discount to its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.
The PEG ratio of 1.14 (P/E divided by 10% EPS growth) suggests a fair valuation 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, MMS trades at a notable discount to the S&P 500 median P/E of 25.2x. 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 MMS 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.
MMS P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $11B | 22.4 | 1.85 | +20% | |
| $4B | 12.3 | 0.73 | +7% | |
| $17B | 12.1 | 0.59 | +21% | |
| $13B | 10.5Lowest | 0.65 | +58% | |
| $7B | 33.8 | 0.41Best | +126% | |
| $2B | 19.6 | 1.02 | +74% | |
| $3B | 12.2 | 0.86 | +727%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MMS Historical P/E Data (1998–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Wed Dec 31 2025 00:00:00 GM | $86.32 | $6.57 | 13.1x | -51% |
| FY2025 Q4 | $91.37 | $5.56 | 16.4x | -39% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $70.20 | $5.43 | 12.9x | -52% |
| FY2025 Q2 | Mon Mar 31 2025 00:00:00 GM | $68.19 | $5.03 | 13.6x | -50% |
| FY2025 Q1 | $74.65 | $4.65 | 16.1x | -41% | |
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $93.16 | $5.00 | 18.6x | -31% |
| FY2024 Q3 | Sun Jun 30 2024 00:00:00 GM | $85.70 | $4.77 | 18.0x | -33% |
| FY2024 Q2 | Sun Mar 31 2024 00:00:00 GM | $83.90 | $3.81 | 22.0x | -18% |
| FY2024 Q1 | Sun Dec 31 2023 00:00:00 GM | $83.86 | $3.02 | 27.8x | +3% |
| FY2023 Q4 | Sat Sep 30 2023 00:00:00 GM | $74.68 | $2.63 | 28.4x | +5% |
| FY2023 Q3 | Fri Jun 30 2023 00:00:00 GM | $84.51 | $2.80 | 30.2x | +12% |
| FY2023 Q2 | Fri Mar 31 2023 00:00:00 GM | $78.70 | $2.81 | 28.0x | +4% |
Average P/E for displayed period: 27.0x
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Start ComparisonMMS — Frequently Asked Questions
Quick answers to the most common questions about buying MMS stock.
Is MMS stock overvalued or undervalued?
MMS trades at 11.6x P/E, below its 5-year average of 20.0x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does MMS's valuation compare to peers?
Maximus, Inc. P/E of 11.6x compares to sector median of 25.9x. The discount suggests lower growth expectations or higher risk.
What is MMS's PEG ratio?
MMS PEG ratio is 1.14. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1998-2026.