MKC P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
MKC's p/e ratio is lower than 95% of the last 10 years.
P/E ratio History
MKC P/E ratio by year
Yearly range of MKC’s p/e ratio from 2016 to 2026. Over the full period it ranged from 7.5 to 37.6, averaging 27.2.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 7.5 | 11.8 | 24.5 | 8.4 |
| 2025 | 21.6 | 24.9 | 29.1 | 23.2 |
| 2024 | 24.7 | 27.1 | 29.9 | 26.0 |
| 2023 | 24.8 | 31.4 | 36.8 | 27.2 |
| 2022 | 27.8 | 33.7 | 37.6 | 32.9 |
| 2021 | 27.8 | 31.2 | 34.7 | 34.5 |
| 2020 | 21.7 | 32.2 | 37.1 | 34.5 |
| 2019 | 17.3 | 28.9 | 33.1 | 32.1 |
| 2018 | 16.0 | 20.3 | 29.2 | 19.8 |
| 2017 | 24.1 | 26.5 | 28.2 | 27.4 |
| 2016 | 23.9 | 25.6 | 27.5 | 25.1 |
Get notified when MKC P/E ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is MKC P/E ratio High or Low Right Now?
McCormick & Company, Incorporated's P/E ratio is currently 8.4, which is near historic low relative to its 10-year historical range. The 10-year median P/E ratio for MKC is approximately 28.0. See all MKC valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.