Latest Ratios: P/E Ratio 34.6x · EV/EBITDA 13.5x · ROE 12.2%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $703M | $413M | $725M | $798M | $728M | $746M | $595M | $505M | $596M | $429M |
| Enterprise Value | $1.5B | $1.0B | $795M | $790M | $908M | $840M | $814M | $613M | $523M | $744M | $610M |
| P/E Ratio → | 34.56 | 20.13 | 58.11 | 14.81 | 13.55 | 21.75 | 20.37 | 24.53 | — | — | 476.67 |
| P/S Ratio | 1.46 | 0.85 | 0.49 | 0.89 | 0.89 | 0.96 | 1.46 | 1.15 | 0.89 | 1.09 | 0.77 |
| P/B Ratio | 4.10 | 2.39 | 1.49 | 2.48 | 3.11 | 3.48 | 3.95 | 3.57 | 3.27 | 6.36 | 4.61 |
| P/FCF | 17.96 | 10.46 | 7.53 | 11.45 | 16.52 | 26.90 | 22.56 | 13.51 | 9.00 | 15.43 | 20.22 |
| P/OCF | 13.91 | 8.10 | 5.21 | 8.42 | 10.99 | 16.20 | 16.05 | 10.95 | 8.25 | 13.41 | 12.71 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.26 | 0.95 | 0.97 | 1.01 | 1.10 | 1.59 | 1.19 | 0.92 | 1.36 | 1.09 |
| EV / EBITDA | 13.46 | 9.06 | 9.59 | 8.30 | 8.63 | 12.05 | 10.98 | 10.14 | 16.31 | 13.99 | 12.85 |
| EV / EBIT | 20.50 | 13.91 | 17.86 | 10.92 | 10.61 | 17.20 | 15.14 | 15.69 | 17.58 | 30.56 | 21.32 |
| EV / FCF | — | 15.43 | 14.48 | 12.48 | 18.78 | 31.05 | 24.59 | 13.93 | 9.32 | 19.27 | 28.78 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.4% | 33.4% | 32.4% | 31.9% | 31.6% | 27.9% | 33.7% | 33.2% | 31.6% | 28.8% | 29.5% |
| Operating Margin | 9.1% | 9.1% | 5.3% | 8.9% | 9.3% | 6.5% | 10.5% | 7.2% | 1.1% | 4.5% | 2.9% |
| Net Profit Margin | 4.2% | 4.2% | 0.9% | 6.0% | 6.7% | 4.4% | 7.2% | 4.7% | -0.6% | -1.8% | 0.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.2% | 12.2% | 2.5% | 17.8% | 25.9% | 16.8% | 20.7% | 15.1% | -2.7% | -10.6% | 1.1% |
| ROA | 4.1% | 4.1% | 1.0% | 9.0% | 11.7% | 7.6% | 9.8% | 6.9% | -1.0% | -2.7% | 0.3% |
| ROIC | 8.8% | 8.8% | 6.6% | 15.0% | 18.3% | 12.8% | 18.2% | 15.6% | 2.3% | 7.2% | 4.4% |
| ROCE | 10.8% | 10.8% | 8.2% | 18.5% | 22.2% | 16.2% | 20.3% | 14.3% | 2.5% | 8.9% | 5.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.29 | 1.29 | 1.49 | 0.33 | 0.52 | 0.62 | 0.51 | 0.56 | 0.50 | 1.61 | 2.04 |
| Debt / EBITDA | 3.31 | 3.31 | 4.99 | 1.00 | 1.26 | 1.87 | 1.29 | 1.56 | 2.39 | 2.84 | 3.99 |
| Net Debt / Equity | — | 1.13 | 1.38 | 0.22 | 0.43 | 0.54 | 0.36 | 0.11 | 0.12 | 1.58 | 1.95 |
| Net Debt / EBITDA | 2.92 | 2.92 | 4.61 | 0.68 | 1.04 | 1.61 | 0.91 | 0.31 | 0.56 | 2.79 | 3.82 |
| Debt / FCF | — | 4.96 | 6.96 | 1.03 | 2.26 | 4.16 | 2.04 | 0.42 | 0.32 | 3.85 | 8.57 |
| Interest Coverage | 2.53 | 2.53 | 1.44 | 11.40 | 14.93 | 11.60 | 10.98 | 7.99 | 4.83 | 2.82 | 2.89 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.67 | 1.67 | 1.76 | 1.55 | 1.87 | 1.66 | 1.29 | 2.24 | 1.88 | 1.52 | 1.78 |
| Quick Ratio | 1.16 | 1.16 | 1.10 | 1.00 | 1.19 | 0.95 | 0.83 | 1.70 | 1.43 | 1.04 | 1.20 |
| Cash Ratio | 0.27 | 0.27 | 0.22 | 0.18 | 0.17 | 0.13 | 0.20 | 0.91 | 0.60 | 0.03 | 0.10 |
| Asset Turnover | — | 0.97 | 0.97 | 1.50 | 1.66 | 1.57 | 1.28 | 1.46 | 1.63 | 1.54 | 1.46 |
| Inventory Turnover | 6.39 | 6.39 | 5.83 | 6.10 | 6.59 | 5.87 | 5.13 | 7.78 | 8.89 | 8.28 | 8.55 |
| Days Sales Outstanding | — | 55.39 | 53.26 | 57.75 | 54.26 | 49.47 | 60.61 | 44.18 | 50.13 | 59.79 | 43.49 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.7% | 2.9% | 4.9% | 2.8% | 2.5% | 2.7% | 2.6% | 3.2% | 3.5% | 2.7% | 3.8% |
| Payout Ratio | 58.7% | 58.7% | 283.7% | 41.4% | 32.8% | 58.4% | 52.8% | 79.4% | — | — | 1534.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 5.0% | 1.7% | 6.8% | 7.4% | 4.6% | 4.9% | 4.1% | — | — | 0.2% |
| FCF Yield | 5.6% | 9.6% | 13.3% | 8.7% | 6.1% | 3.7% | 4.4% | 7.4% | 11.1% | 6.5% | 4.9% |
| Buyback Yield | 0.2% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% |
| Total Shareholder Yield | 1.9% | 3.3% | 4.9% | 2.8% | 2.5% | 2.7% | 2.6% | 3.2% | 3.7% | 2.8% | 3.8% |
| Shares Outstanding | — | $38M | $37M | $37M | $36M | $36M | $36M | $36M | $33M | $31M | $30M |
Resin price volatility exposure
According to current market data, MYE trades at a trailing P/E of 34.56, which appears elevated relative to its historical norms and suggests that investors are pricing in a recovery that has yet to manifest in the company's recent top-line performance metrics.
The forward P/E of 20.34 implies a significant expectation for earnings expansion, likely driven by margin improvements rather than organic growth. This valuation premium warrants caution, as the company's current revenue contraction may lead to multiple compression if earnings growth fails to meet these optimistic forward-looking projections.
Based on reported figures, MYE's ROIC has struggled to gain momentum, hovering at 3.0% in 2026Q1, which indicates that the company is currently failing to generate returns on invested capital that meaningfully exceed its cost of capital in the current industrial environment.
The persistent low ROIC suggests that the company's historical acquisition strategy has not yet translated into superior compounding of shareholder value. Investors should monitor whether management's focus on asset rationalization can improve these returns or if the business model remains structurally limited by its capital-intensive nature.
As reported in financial statements, the cash conversion cycle has remained relatively flat at 70 days in 2026Q1, suggesting that the company has limited ability to accelerate its working capital turnover despite ongoing efforts to streamline its distribution and manufacturing operations.
The stability in the CCC, driven by consistent DSO and DIO levels, indicates that the company's operational efficiency is currently locked in a narrow range. This lack of improvement in working capital management may limit the company's ability to self-fund growth without relying on external financing or further divestitures.
According to recent quarterly filings, MYE maintains a current ratio of 1.65, providing a consistent liquidity buffer that appears adequate to meet short-term obligations even as the company navigates a period of top-line contraction and ongoing operational restructuring.
The company's ability to maintain a stable quick ratio of 1.29 suggests that inventory dependence is being managed effectively, preventing liquidity from becoming a primary concern. This defensive positioning provides management with the necessary flexibility to navigate potential volatility in resin costs without immediate risk to solvency.
The P/E ratio is frequently misapplied to MYE, as it obscures the impact of non-recurring restructuring charges and the cyclical nature of the Material Handling segment, which can lead to a distorted view of the company's true underlying earning power.
Investors should instead focus on EV/EBITDA or FCF-based metrics, which better account for the company's capital structure and the cash-generative nature of the Distribution segment. Relying solely on P/E risks misinterpreting the company's valuation by failing to adjust for the volatility inherent in its petrochemical-linked cost base.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying MYE stock.
Myers Industries, Inc.'s current P/E ratio is 34.6x. The historical average is 20.3x. This places it at the 95th percentile of its historical range.
Myers Industries, Inc.'s current EV/EBITDA is 13.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.8x.
Myers Industries, Inc.'s return on equity (ROE) is 12.2%. The historical average is 7.2%.
Based on historical data, Myers Industries, Inc. is trading at a P/E of 34.6x. This is at the 95th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Myers Industries, Inc.'s current dividend yield is 1.70% with a payout ratio of 58.7%.
Myers Industries, Inc. has 33.4% gross margin and 9.1% operating margin.
Myers Industries, Inc.'s Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.