Macy's, Inc. (M) PE Ratio: 10.23

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

Macy's, Inc.'s P/E ratio of 10.23 is 76% below its 5-year average of 42.93, near the low end of its 5-year range (2.94–663.51).

As of Tuesday, June 23, 2026. 4.04% above its 12-month average of 9.83.

PE Ratio (10.23) = Close Price ($24.66) / Diluted TTM EPS ($2.41)

M PE Ratio Chart

M Average PE Ratio Chart

M Current vs Average PE Ratio Chart

M PE Ratio Metrics

P/E vs. its own history

At 10.2, P/E is in its normal range, sitting higher than 36% of its 20-year history.

P/E Comparison

Macy's, Inc. 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

Macy's, Inc. PE Ratio FAQ

What is the P/E ratio for Macy's, Inc. (M)?

The P/E ratio for M stock is 10.23.

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

Macy's, Inc.'s P/E ratio of 10.23 is 76% below its 5-year average of 42.93, near the low end of its 5-year range (2.94–663.51).

What is the TTM average P/E ratio for Macy's, Inc. (M)?

The TTM average P/E ratio for M stock is 9.83.

What is the 3Y average P/E ratio for Macy's, Inc. (M)?

The 3Y average P/E ratio for M stock is 12.09.

What is the 5Y average P/E ratio for Macy's, Inc. (M)?

The 5Y average P/E ratio for M stock is 9.41.

What is the 10Y average P/E ratio for Macy's, Inc. (M)?

The 10Y average P/E ratio for M stock is 8.59.

What is the 15Y average P/E ratio for Macy's, Inc. (M)?

The 15Y average P/E ratio for M stock is 10.64.

What is the 20Y average P/E ratio for Macy's, Inc. (M)?

The 20Y average P/E ratio for M stock is 11.75.

Showing the most recent 260 of 4,483 data points. The chart above shows the full history.

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