Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Myers Industries (NYSE:MYE) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Myers Industries Effective Interest Rate on Debt % Related Terms
Myers Industries Effective Interest Rate on Debt % Historical Data
* Premium members only.
The historical data trend for Myers Industries's Effective Interest Rate on Debt % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Myers Industries Effective Interest Rate on Debt % Chart
MYE vs OI, TRS, KRT: Effective Interest Rate on Debt % Comparison
For the Packaging & Containers subindustry, Myers Industries's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Myers Industries Effective Interest Rate on Debt % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Myers Industries's Effective Interest Rate on Debt % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
What does a Effective Interest Rate on Debt % of 7.25% mean?
Myers Industries (MYE) has a Effective Interest Rate on Debt % of 7.25% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Myers Industries and its competitors.
Is Myers Industries' Effective Interest Rate on Debt % too high?
Myers Industries' current Effective Interest Rate on Debt % is 7.25%. Overall, Myers Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Myers Industries' Effective Interest Rate on Debt % compare to OI and TRS?
Myers Industries' Effective Interest Rate on Debt % of 7.25% can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Packaging & Containers company?
A good Effective Interest Rate on Debt % depends on the Packaging & Containers industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Myers Industries and its competitors. Myers Industries's current Effective Interest Rate on Debt % is 7.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myers Industries stock overvalued right now?
Based on GuruFocus' analysis, Myers Industries (MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.06, compared to a current price of $31.32 — trading 108% above its estimated fair value. The current Effective Interest Rate on Debt % is 7.25%. Myers Industries' overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Myers Industries (MYE), the current Effective Interest Rate on Debt % is 7.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Myers Industries (MYE) Overvalued in 2026?
Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued.
The current stock price of $31.32 is trading 108% above its estimated GF Value™ of $15.06.
GuruFocus considers Myers Industries to be Significantly Overvalued.
Key valuation signals for MYE:
Effective Interest Rate on Debt %: 7.25%
GF Value™: $15.06 vs. price of $31.32 (108% above fair value)
No single metric tells the full story. See the MYE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
56GF Score
Get the complete analysis for MYE
Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MYE has been successfully added to your 
