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MSA logoMSA Safety Incorporated (MSA) P/E Ratio History

Historical price-to-earnings valuation from 1990 to 2026

Current P/E
24.5
Undervalued
5Y Avg P/E
103.9
-76% vs avg
PE Percentile
30%
Below Avg
PEG Ratio
1.40
Fair
TTM EPS$7.45
Price$173.97
5Y PE Range20.2 - 543.6
Earnings Yield4.08%

Loading P/E history...

MSA Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
24.5vs103.9
-76%
Cheap vs History
vs. Industrials
24.5vs25.9
-5%
In Line with Sector
vs. S&P 500
24.5vs25.2
-3%
In Line with Market
PEG Analysis
1.40
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on -2% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 7, 2026, MSA Safety Incorporated (MSA) trades at a price-to-earnings ratio of 24.5x, with a stock price of $173.97 and trailing twelve-month earnings per share of $7.45.

The current P/E is 76% below its 5-year average of 103.9x. Over the past five years, MSA's P/E has ranged from a low of 20.2x to a high of 543.6x, placing the current valuation at the 30th percentile of its historical range.

Compared to the Industrials sector median P/E of 25.9x, MSA is roughly in line with its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.

The PEG ratio of 1.40 (P/E divided by -2% 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, MSA trades roughly in line with 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 MSA 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.

MSA P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
HON logoHONHoneywell International Inc.
$137B29.516.04-15%
MMM logoMMM3M Company
$76B24.4--21%
ROP logoROPRoper Technologies, Inc.
$36B24.72.57-1%
AMSF logoAMSFAMERISAFE, Inc.
$556M12.0Lowest--15%
CODA logoCODACoda Octopus Group, Inc.
$134M32.27.52+16%
KFRC logoKFRCKforce Inc.
$769M21.5--25%
SPXC logoSPXCSPX Technologies, Inc.
$11B42.02.21Best+18%Best

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

MSA Historical P/E Data (1990–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q1$164.00$7.4022.2x-38%
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$160.14$7.0822.6x-37%
FY2025 Q3$172.07$7.0924.3x-32%
FY2025 Q2Mon Jun 30 2025 00:00:00 GM$167.53$7.0123.9x-33%
FY2025 Q1Mon Mar 31 2025 00:00:00 GM$146.69$7.2520.2x-43%
FY2024 Q4$165.77$7.2123.0x-36%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$177.34$6.9225.6x-28%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$187.69$6.8827.3x-24%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$193.59$6.7528.7x-20%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$168.83$1.45116.4x+225%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$157.65$0.83189.9x+431%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$173.96$0.32543.6x+1419%

Average P/E for displayed period: 35.8x

See MSA's True Return

Price is only half the story. See total return with reinvested dividends.

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Is MSA Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare MSA vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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MSA — Frequently Asked Questions

Quick answers to the most common questions about buying MSA stock.

Is MSA stock overvalued or undervalued?

MSA trades at 24.5x P/E, below its 5-year average of 103.9x. At the 30th percentile of historical range, the stock is priced at a discount to its own history.

How does MSA's valuation compare to peers?

MSA Safety Incorporated P/E of 24.5x compares to sector median of 25.9x. The discount suggests lower growth expectations or higher risk.

What is MSA's PEG ratio?

MSA PEG ratio is 1.40. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1990-2026.

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MSA P/E Ratio History (1990–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.