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Myers IndustriesMYE -2.70%56 Forward PE Ratio is 18.69 as of Jul. 21, 2026. GuruFocus rates MYE with a GF Score™ of 56/100 and a GF Value™ of $14.99 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 113 Packaging & Containers companies, Myers Industries ranks worse than 70.8% on this metric.
Myers Industries (NYSE:MYE) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Myers Industries Forward PE Ratio Related Terms
Myers Industries Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Myers Industries's Forward PE Ratio 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 Forward PE Ratio Chart
Myers Industries Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
9.47
13.12
Myers Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.47
9.30
14.40
10.92
13.12
16.44
MYE vs OI, TRS, KRT: Forward PE Ratio Comparison
For the Packaging & Containers subindustry, Myers Industries's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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 Forward PE Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Myers Industries's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Myers Industries (MYE) has a Forward PE Ratio of 18.69 as of Jul. 21, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Myers Industries and its competitors. According to the industry distribution chart, Myers Industries ranks #80 out of 113 companies in the Packaging & Containers industry, placing it in the top 70.8%.
Is Myers Industries' Forward PE Ratio too high?
Myers Industries' current Forward PE Ratio is 18.69. The Packaging & Containers industry median Forward PE Ratio is 14.88. Myers Industries' value of 18.69 is 25.6% above this industry median. Based on the distribution chart, Myers Industries ranks #80 out of 113 companies in the Packaging & Containers industry, which is below the industry midpoint. 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' Forward PE Ratio compare to OI and TRS?
According to the Packaging & Containers industry distribution chart, Myers Industries ranks #80 out of 113 companies for Forward PE Ratio. This places Myers Industries in the lower half of its industry. The industry median Forward PE Ratio is 14.88. Myers Industries' value of 18.69 is 25.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Packaging & Containers company?
The median Forward PE Ratio among Packaging & Containers companies is 14.88, based on 113 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Myers Industries's current Forward PE Ratio of 18.69 is 25.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Myers Industries and its competitors. For the Packaging & Containers industry, the median Forward PE Ratio is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myers Industries's current Forward PE Ratio is 18.69. 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 $14.99, compared to a current price of $30.27 — trading 101.9% above its estimated fair value. The current Forward PE Ratio is 18.69 and 25.6% above the Packaging & Containers industry median of 14.88. 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 Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Myers Industries (MYE), the current Forward PE Ratio is 18.69 as of Jul. 21, 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 $30.27 is trading 101.9% above its estimated GF Value™ of $14.99.
GuruFocus considers Myers Industries to be Significantly Overvalued.
Key valuation signals for MYE:
Forward PE Ratio: 18.69
GF Value™: $14.99 vs. price of $30.27 (101.9% above fair value)
Industry Position: 25.6% above the Packaging & Containers median (#80 of 113)
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
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