Is Myers Industries Inc (MYE) overvalued? · P/E 20, rev $836.3M
Myers Industries Inc (MYE) is a packaging & containers company listed on US.
This page asks whether Myers Industries Inc (MYE) looks expensive on cached numbers — not a short thesis.
Latest reported MYE revenue for 2024-12-31 was $836.3M. Net income was $7.2M. Revenue was up 2.9% from 2023-12-31 to 2024-12-31. MYE currently screens at market cap $852.2M and trailing P/E 20.4.
MYE currently screens at market cap $852.2M and trailing P/E 20.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MYE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MYE stock page for the full model, not this heading.
Not investment advice.