Start with its own history
At 10.05×, MDP is 77.2% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · MDPPublishingUpdated Not supplied
Meredith Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.05×
77.2% belowthe 9-observation annual average
Share price59.07
÷Earnings per share5.879
Price and EPS in quote currency. Calculation details
Investors are paying 10.05 for every 1 of reported earnings per share.
P/E over time
2012 – 2021
Annual P/ESelected-period average 44.04×
3-year average25.67×2 positive annual observations
5-year average31.54×4 positive annual observations
10-year average44.04×9 positive annual observations
Peer median · TTM18.75×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2021 | 12.97× | N/M |
| Jun 30, 2020 | N/M | N/M |
| Jun 30, 2019 | 38.38× | -18.0% |
| Jun 30, 2018 | 46.79× | +66.9% |
| Jun 30, 2017 | 28.04× | -79.5% |
| Jun 30, 2016 | 136.61× | +303.4% |
| Jun 30, 2015 | 33.86× | -11.1% |
| Jun 30, 2014 | 38.08× | +11.8% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2013 | 34.06× | +23.7% |
| Jun 30, 2012 | 27.53× | +23.8% |
| Jun 30, 2011 | 22.24× | -17.9% |
| Jun 30, 2010 | 27.07× | N/M |
| Jun 30, 2009 | N/M | N/M |
| Jun 30, 2008 | 19.78× | -45.7% |
| Jun 30, 2007 | 36.45× | -3.4% |
| Jun 30, 2005 | 37.74× | -24.5% |
| Jun 30, 2004 | 49.96× | -94.4% |
| Jun 30, 2003 | 889.53× | +1619.6% |
| Jun 30, 2002 | 51.73× | -22.8% |
| Jun 30, 2001 | 67.03× | -2.8% |
| Jun 30, 2000 | 68.97× | +24.6% |
| Jun 30, 1999 | 55.34× | -12.8% |
| Jun 30, 1998 | 63.45× | +14.7% |
| Jun 30, 1997 | 55.34× | -44.2% |
| Jun 30, 1996 | 99.15× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MDP compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MDP This stockMeredith Corporation | 10.05× |
 STGWStagwell Inc. | 290.03× |
 DISHDISH Network Corporation | 3.01× |
 AMCAMC Entertainment Holdings, Inc. | N/M |
 JOYYJOYY, Inc. Sponsored ADR Class A | 18.75× |
 LGF-BLions Gate Entertainment Corp. | N/M |
 LUCKLucky Strike Entertainment Corporation | N/M |
 IDWMIDW Media Holdings, Inc. | 18.04× |
 DALNDallasNews Corporation | 673.88× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MDP’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 18.75×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take MDP into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("MDP", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 59.07 ÷ EPS 5.879 = 10.05×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Not supplied; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
MDP P/E ratio: common questions
The essentials behind the numbers.
Meredith Corporation's current P/E is 10.05× based on the quote data last updated Not supplied. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.