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MWA logoMueller Water Products, Inc. (MWA) P/E Ratio History

Historical price-to-earnings valuation from 2007 to 2026

Current P/E
22.2
Fair Value
5Y Avg P/E
25.7
-14% vs avg
PE Percentile
30%
Below Avg
PEG Ratio
1.01
Fair
TTM EPS$1.32
Price$27.14
5Y PE Range18.9 - 33.8
Earnings Yield4.50%

Loading P/E history...

MWA Valuation Context

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

vs. 5Y Average
22.2vs25.7
-14%
Cheap vs History
vs. Industrials
22.2vs25.9
-14%
Below Sector
vs. S&P 500
22.2vs25.2
-12%
Below Market
PEG Analysis
1.01
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on 65% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 7, 2026, Mueller Water Products, Inc. (MWA) trades at a price-to-earnings ratio of 22.2x, with a stock price of $27.14 and trailing twelve-month earnings per share of $1.32.

The current P/E is 14% below its 5-year average of 25.7x. Over the past five years, MWA's P/E has ranged from a low of 18.9x to a high of 33.8x, placing the current valuation at the 30th percentile of its historical range.

Compared to the Industrials sector median P/E of 25.9x, MWA 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 1.01 (P/E divided by 65% 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, MWA 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 MWA 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.

MWA P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
NWN logoNWNNorthwest Natural Holding Company
$2B17.64.87+36%
AWK logoAWKAmerican Water Works Company, Inc.
$25B22.02.80+6%
FELE logoFELEFranklin Electric Co., Inc.
$4B31.13.56-16%
GFF logoGFFGriffon Corporation
$4B84.94.76-74%
VMI logoVMIValmont Industries, Inc.
$10B31.11.51-2%
NVT logoNVTnVent Electric plc
$28B40.0-+119%Best
PRIM logoPRIMPrimoris Services Corporation
$5B20.21.10Best+52%
ITRI logoITRIItron, Inc.
$4B12.7Lowest-+26%
AWR logoAWRAmerican States Water Company
$3B22.52.94+6%

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

MWA Historical P/E Data (2007–2026)

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

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q2$27.49$1.3121.0x-26%
FY2026 Q1Wed Dec 31 2025 00:00:00 GM$23.82$1.2618.9x-33%
FY2025 Q4$25.52$1.2121.1x-25%
FY2025 Q3Mon Jun 30 2025 00:00:00 GM$24.04$0.9425.5x-10%
FY2025 Q2Mon Mar 31 2025 00:00:00 GM$25.42$0.9127.8x-2%
FY2025 Q1$22.50$0.8626.1x-8%
FY2024 Q4Mon Sep 30 2024 00:00:00 GM$21.70$0.7329.5x+4%
FY2024 Q3Sun Jun 30 2024 00:00:00 GM$17.92$0.7822.9x-19%
FY2024 Q2Sun Mar 31 2024 00:00:00 GM$16.09$0.6425.1x-11%
FY2024 Q1Sun Dec 31 2023 00:00:00 GM$14.40$0.5028.7x+2%
FY2023 Q4Sat Sep 30 2023 00:00:00 GM$12.68$0.5523.1x-18%
FY2023 Q3Fri Jun 30 2023 00:00:00 GM$16.23$0.4933.1x+17%

Average P/E for displayed period: 28.3x

See MWA's True Return

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

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Is MWA Undervalued?

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

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Compare MWA vs SPIR

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

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MWA — Frequently Asked Questions

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

Is MWA stock overvalued or undervalued?

MWA trades at 22.2x P/E, near its 5-year average of 25.7x. The 30th percentile ranking places valuation within normal historical bounds.

How does MWA's valuation compare to peers?

Mueller Water Products, Inc. P/E of 22.2x compares to sector median of 25.9x. The discount suggests lower growth expectations or higher risk.

What is MWA's PEG ratio?

MWA PEG ratio is 1.01. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2007-2026.

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MWA P/E Ratio History (2007–2026)

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