MKC Historical PE Ratio image   This MKC PE ratio history page last updated 3/28/2024
MKC Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q1 2024
3/26/2024
77.300.632.5230.7
Q4 2023
1/25/2024
68.600.853.4020.2
Q3 2023
10/3/2023
68.400.652.6026.3
Q2 2023
6/29/2023
86.780.602.4036.2
Q1 2023
3/28/2023
81.180.592.3634.4
Q4 2022
1/26/2023
73.460.732.9225.2
Q3 2022
10/6/2022
72.430.692.7626.2
Q2 2022
6/29/2022
85.630.481.9244.6
Q1 2022
3/29/2022
96.900.632.5238.5
Q4 2021
1/27/2022
98.200.843.3629.2
Q3 2021
9/30/2021
81.030.803.2025.3
Q2 2021
7/1/2021
87.970.692.7631.9
Q1 2021
3/30/2021
89.900.722.8831.2
Q4 2020
1/28/2021
91.020.793.1628.8
Q3 2020
9/29/2020
94.950.773.0830.8
Q2 2020
6/25/2020
89.270.742.9630.2
Q1 2020
3/31/2020
70.610.542.1632.7
Q4 2019
1/28/2020
83.030.813.2425.6
Q3 2019
10/1/2019
83.480.732.9228.6
Q2 2019
6/27/2019
77.940.582.3233.6
Q1 2019
3/26/2019
72.680.562.2432.4
Q4 2018
1/24/2019
62.180.843.3618.5
Q3 2018
9/27/2018
64.150.642.5625.1
Q2 2018
6/28/2018
57.420.512.0428.1
Q1 2018
3/27/2018
53.680.502.0026.8
Q4 2017
1/25/2018
52.550.773.0817.1
Q3 2017
9/28/2017
50.830.562.2422.7
Q2 2017
6/29/2017
47.680.411.6429.1
Q1 2017
3/28/2017
49.220.381.5232.4
Q4 2016
1/25/2017
47.900.642.5618.7
Q3 2016
9/30/2016
49.960.522.0824.0
Q2 2016
6/30/2016
53.340.381.5235.1
Q1 2016
3/29/2016
49.800.371.4833.6
Q4 2015
1/28/2016
42.710.592.3618.1
Q3 2015
10/1/2015
39.340.431.7222.9
Q2 2015
7/1/2015
39.790.381.5226.2
Q1 2015
3/24/2015
37.560.351.4026.8
Q4 2014
1/28/2015
35.930.582.3215.5
Q3 2014
10/2/2014
33.750.481.9217.6
Q2 2014
6/26/2014
35.140.321.2827.5
Q1 2014
3/25/2014
35.600.311.2428.7
Q4 2013
1/29/2014
32.650.602.4013.6
Q3 2013
9/26/2013
33.280.391.5621.3
Q2 2013
6/27/2013
35.300.311.2428.5
Q1 2013
4/2/2013
36.310.291.1631.3
Q4 2012
1/24/2013
31.190.562.2413.9
Q3 2012
9/27/2012
30.880.391.5619.8
Q2 2012
6/27/2012
29.550.301.2024.6
Q1 2012
3/27/2012
27.110.281.1224.2
MKC PE History Chart
PeriodPriceAdj. EPSTTMPE
Q1 2024
3/26/2024
77.300.632.7328.3
Q4 2023
1/25/2024
68.600.852.6925.5
Q3 2023
10/3/2023
68.400.652.5726.6
Q2 2023
6/29/2023
86.780.602.6133.2
Q1 2023
3/28/2023
81.180.592.4932.6
Q4 2022
1/26/2023
73.460.732.5329.0
Q3 2022
10/6/2022
72.430.692.6427.4
Q2 2022
6/29/2022
85.630.482.7531.1
Q1 2022
3/29/2022
96.900.632.9632.7
Q4 2021
1/27/2022
98.200.842.3342.1
Q3 2021
9/30/2021
81.030.802.2136.7
Q2 2021
7/1/2021
87.970.692.2040.0
Q1 2021
3/30/2021
89.900.723.0229.8
Q4 2020
1/28/2021
91.020.792.8432.0
Q3 2020
9/29/2020
94.950.772.8633.2
Q2 2020
6/25/2020
89.270.742.8231.7
Q1 2020
3/31/2020
70.610.542.6626.5
Q4 2019
1/28/2020
83.030.812.6831.0
Q3 2019
10/1/2019
83.480.732.7130.8
Q2 2019
6/27/2019
77.940.582.6229.7
Q1 2019
3/26/2019
72.680.562.5528.5
Q4 2018
1/24/2019
62.180.842.4925.0
Q3 2018
9/27/2018
64.150.642.4226.5
Q2 2018
6/28/2018
57.420.512.3424.5
Q1 2018
3/27/2018
53.680.502.2424.0
Q4 2017
1/25/2018
52.550.772.1224.8
Q3 2017
9/28/2017
50.830.561.9925.5
Q2 2017
6/29/2017
47.680.411.9524.5
Q1 2017
3/28/2017
49.220.381.9225.6
Q4 2016
1/25/2017
47.900.641.9125.1
Q3 2016
9/30/2016
49.960.521.8626.9
Q2 2016
6/30/2016
53.340.381.7730.1
Q1 2016
3/29/2016
49.800.371.7728.1
Q4 2015
1/28/2016
42.710.591.7524.4
Q3 2015
10/1/2015
39.340.431.7422.6
Q2 2015
7/1/2015
39.790.381.7922.2
Q1 2015
3/24/2015
37.560.351.7321.7
Q4 2014
1/28/2015
35.930.581.6921.3
Q3 2014
10/2/2014
33.750.481.7119.7
Q2 2014
6/26/2014
35.140.321.6221.7
Q1 2014
3/25/2014
35.600.311.6122.1
Q4 2013
1/29/2014
32.650.601.5920.5
Q3 2013
9/26/2013
33.280.391.5521.5
Q2 2013
6/27/2013
35.300.311.5522.8
Q1 2013
4/2/2013
36.310.291.5423.6
Q4 2012
1/24/2013
31.190.561.5320.4
Q3 2012
9/27/2012
30.880.39NANA
Q2 2012
6/27/2012
29.550.30NANA
Q1 2012
3/27/2012
27.110.28NANA
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McCormick & Co (MKC) is categorized under the Consumer sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the MKC historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like McCormick & Co. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this MKC Historical PE Ratio page.

What is the average historical PE for MKC based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The MKC historical PE ratio using the annualized quarterly earnings method works out to 26.8.

What is the average historical PE for MKC based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The MKC historical PE ratio using the TTM earnings method works out to 27.2.

What is the average historical PE for MKC based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The MKC historical PE ratio using the annualized median TTM earnings method works out to 2.56.

On this page we presented the MKC Historical PE Ratio information for McCormick & Co' stock. The average MKC historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 26.8. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MKC historical PE based on this TTM earnings result method is 27.2.

Let's now compare this MKC historical PE result, against the recent PE: when this page was posted on 3/27/2024, the most recent closing price for MKC had been 76.03, and the most recent quarterly earnings result, annualized, was 2.52. Meanwhile, the most recent TTM earnings summed to 2.73. From these numbers, we calculate the recent MKC PE on 3/27/2024 based on annualized quarterly EPS was 30.2. Based on MKC's history, that recent PE is elevated relative to the historical average, with the recent PE 12.7% higher than the historical average PE across our data set for McCormick & Co. Looking at the recent MKC PE on 3/27/2024 based on TTM EPS, we calculate the ratio at 27.8. Based on MKC's history, that recent PE is elevated relative to the historical average, with the recent PE 2.2% higher than the historical average PE across our McCormick & Co data set with TTM EPS used in the calculation at each period.

Another interesting MKC historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for MKC, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for MKC, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.60, 0.63, 0.65, and 0.85. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.63 and 0.65 — which gives us the median of 0.64. Basically the way to think about this 0.64 number is this: for the trailing four earnings reports, 0.64 marks the "middle ground" number where MKC has reported a value higher than 0.64 half the time, and has reported a value lower than 0.64 half the time. Annualizing that median value then gets us to 2.56/share, which we use as the denominator in our next PE calculation. With 76.03 as the numerator (as of 3/27/2024), the calculation is then 76.03 / 2.56 = 29.7 as the MKC PE ratio as of 3/27/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on MKC or any other given stock, valuation analysis for MKC can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate McCormick & Co PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for MKC. Thanks for visiting, and the next time you need to research MKC Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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