Question 1

What is Matthews International's P/E ratio?

Accepted Answer

Matthews International (MATW) P/E ratio is 82.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Matthews International?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Matthews International specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is Matthews International's P/E ratio high or low?

Accepted Answer

Matthews International's P/E ratio of 82.1× is below its own 5-year average of 87.3× and above the sector median of 27.8×. That places the current reading at the 75th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Matthews International's historical P/E ratio range?

Accepted Answer

In the available daily series, Matthews International (MATW) P/E ratio has ranged from a low of 12.0× in 2011 to a high of 413.3× in 2021. The 5-year average is 87.3× and the 5-year median is 35.2×.

Question 7

What was Matthews International's P/E ratio in 2023?

Accepted Answer

Matthews International (MATW) P/E ratio at the end of 2023 was 31.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Matthews International's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$755.21M	−$24.47M	—	—	Sep 30, 2025
2024	$713.33M	−$59.66M	—	—	Sep 30, 2024
2023	$1.23B	$39.29M	31.2×	—	Sep 30, 2023
2022	$678.98M	−$99.77M	—	—	Sep 30, 2022
2021	$1.09B	$2.91M	375.2×	—	Sep 30, 2021
2020	$711.76M	−$87.16M	—	—	Sep 30, 2020
2019	$1.10B	−$37.99M	—	—	Sep 30, 2019
2018	$1.55B	$107.37M	14.4×	-12.1×	Sep 30, 2018
2017	$2.00B	$75.60M	26.5×	-2.8×	Sep 30, 2017
2016	$1.95B	$66.75M	29.3×	+3.9×	Sep 30, 2016
2015	$1.61B	$63.45M	25.4×	-6.4×	Sep 30, 2015
2014	$1.38B	$43.45M	31.8×	+12.9×	Sep 30, 2014
2013	$1.04B	$54.89M	18.9×	+4.4×	Sep 30, 2013
2012	$808.25M	$55.84M	14.5×	+2.5×	Sep 30, 2012
2011	$868.58M	$72.37M	12.0×	-2.9×	Sep 30, 2011
2010	$1.03B	$69.06M	14.9×	-3.5×	Sep 30, 2010
2009	$1.06B	$57.73M	18.4×	-1.1×	Sep 30, 2009
2008	$1.55B	$79.48M	19.5×	-2.1×	Sep 30, 2008
2007	$1.40B	$64.73M	21.6×	+4.1×	Sep 30, 2007
2006	$1.16B	$66.44M	17.5×	-3.3×	Sep 30, 2006
2005	$1.22B	$58.74M	20.7×	+1.2×	Sep 30, 2005
2004	$1.10B	$56.20M	19.5×	+0.4×	Sep 30, 2004
2003	$859.26M	$44.89M	19.1×	+0.2×	Sep 30, 2003
2002	$722.37M	$38.23M	18.9×	—	Sep 30, 2002


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Matthews International (MATW)

P/E Ratio daily chart for Matthews International (MATW)

Historical P/E Ratio for Matthews International (MATW) from 2002 to 2025

About P/E Ratio at Matthews International (MATW)

Matthews International P/E Ratio by Year

Matthews International P/E Ratio 2023: 31.2×

Matthews International P/E Ratio 2021: 375.2×

Matthews International P/E Ratio 2018: 14.4×

Matthews International P/E Ratio 2017: 26.5×

Matthews International P/E Ratio 2016: 29.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Matthews International (MATW) Key Financials

P/E Ratio daily chart for Matthews International (MATW)

Historical P/E Ratio for Matthews International (MATW) from 2002 to 2025

About P/E Ratio at Matthews International (MATW)

Matthews International P/E Ratio by Year

Matthews International P/E Ratio 2023: 31.2×

Matthews International P/E Ratio 2021: 375.2×

Matthews International P/E Ratio 2018: 14.4×

Matthews International P/E Ratio 2017: 26.5×

Matthews International P/E Ratio 2016: 29.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Matthews International's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Matthews International?

+Is Matthews International's P/E ratio high or low?

+What is Matthews International's historical P/E ratio range?

+What was Matthews International's P/E ratio in 2023?

+Why does Matthews International's P/E ratio change over time?

Matthews International (MATW) Key Financials