Materion Corporation (MTRN) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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MTRN Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Materion Corporation (MTRN) trades at a price-to-earnings ratio of 53.4x, with a stock price of $191.06 and trailing twelve-month earnings per share of $3.64.
The current P/E is roughly in line with its 5-year average of 58.6x. Over the past five years, MTRN's P/E has ranged from a low of 20.0x to a high of 341.0x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.4x, MTRN trades at a 128% premium to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.0x to 144.2x.
The PEG ratio of 1.45 (P/E divided by 1179% 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, MTRN 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 MTRN 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.
MTRN P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 17.1 | - | +419%Best | |
| $3B | 26.0 | 0.86 | +136% | |
| $22B | 60.0 | 0.28Best | +101% | |
| $22B | 57.0 | - | +12% | |
| $10B | 53.5 | 2.50 | -22% | |
| $8B | 13.1Lowest | 0.33 | +50% | |
| $1B | 65.8 | - | -75% | |
| $16B | 34.8 | 4.47 | +32% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MTRN Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Fri Apr 03 2026 00:00:00 GM | $149.12 | $3.66 | 40.7x | +12% |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $124.32 | $3.59 | 34.6x | -5% |
| FY2025 Q3 | Fri Sep 26 2025 00:00:00 GM | $119.43 | $0.95 | 125.7x | +246% |
| FY2025 Q2 | Fri Jun 27 2025 00:00:00 GM | $80.76 | $0.80 | 101.0x | +178% |
| FY2025 Q1 | Fri Mar 28 2025 00:00:00 GM | $83.41 | $0.50 | 166.8x | +359% |
| FY2024 Q4 | $98.88 | $0.29 | 341.0x | +838% | |
| FY2024 Q3 | Fri Sep 27 2024 00:00:00 GM | $112.43 | $3.55 | 31.7x | -13% |
| FY2024 Q2 | Fri Jun 28 2024 00:00:00 GM | $108.13 | $3.75 | 28.8x | -21% |
| FY2024 Q1 | Fri Mar 29 2024 00:00:00 GM | $131.75 | $3.99 | 33.0x | -9% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $130.13 | $4.58 | 28.4x | -22% |
| FY2023 Q3 | Fri Sep 29 2023 00:00:00 GM | $101.91 | $5.03 | 20.3x | -44% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $114.20 | $4.72 | 24.2x | -33% |
Average P/E for displayed period: 36.3x
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Start ComparisonMTRN — Frequently Asked Questions
Quick answers to the most common questions about buying MTRN stock.
Is MTRN stock overvalued or undervalued?
MTRN trades at 53.4x P/E, near its 5-year average of 58.6x. The 80th percentile ranking places valuation within normal historical bounds.
How does MTRN's valuation compare to peers?
Materion Corporation P/E of 53.4x compares to sector median of 23.4x. The premium reflects expected growth above peers.
What is MTRN's PEG ratio?
MTRN PEG ratio is 1.45. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1990-2026.