PE Ratio: 18.37

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 18.37 is 64% below its 5-year average of 50.40, near the low end of its 5-year range (14.44–523.44).

As of 2026-10-06T19:12:44.685Z. 10.22% below its 12-month average of 20.46.

PE Ratio (18.37) = Close Price ($194.03) / Diluted TTM EPS ($10.56)

MORN PE Ratio Metrics

P/E vs. its own history

At 18.4, P/E is below its 20-year median — higher than 3% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Morningstar, Inc. (MORN)?

The P/E ratio for MORN stock is 18.37.

Is Morningstar, Inc.'s P/E ratio high or low?

The P/E ratio of 18.37 is 64% below its 5-year average of 50.40, near the low end of its 5-year range (14.44–523.44).

What is the TTM average P/E ratio for Morningstar, Inc. (MORN)?

The TTM average P/E ratio for MORN stock is 20.46.

What is the 3Y average P/E ratio for Morningstar, Inc. (MORN)?

The 3Y average P/E ratio for MORN stock is 37.74.

What is the 5Y average P/E ratio for Morningstar, Inc. (MORN)?

The 5Y average P/E ratio for MORN stock is 50.40.

What is the 10Y average P/E ratio for Morningstar, Inc. (MORN)?

The 10Y average P/E ratio for MORN stock is 40.28.

What is the 15Y average P/E ratio for Morningstar, Inc. (MORN)?

The 15Y average P/E ratio for MORN stock is 35.73.

What is the 20Y average P/E ratio for Morningstar, Inc. (MORN)?

The 20Y average P/E ratio for MORN stock is 35.06.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

Related Metrics