Start with its own history
At 12.24×, MLKN is 29.6% below its 7-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · MLKNFurnishings, Fixtures & AppliancesUpdated Nov 5, 2026
MillerKnoll, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
12.24×
29.6% belowthe 7-observation annual average
Share price22.77
÷Earnings per share1.86
Price and EPS in quote currency. Calculation details
Investors are paying 12.24 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 17.40×
3-year average18.35×2 positive annual observations
5-year average20.71×3 positive annual observations
10-year average17.40×7 positive annual observations
Peer median · TTM16.59×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| May 30, 2026 | 12.07× | N/M |
| May 31, 2025 | N/M | N/M |
| Jun 1, 2024 | 24.62× | -3.2% |
| Jun 3, 2023 | 25.43× | N/M |
| May 28, 2022 | N/M | N/M |
| May 29, 2021 | 16.15× | N/M |
| May 30, 2020 | N/M | N/M |
| May 31, 2019 | 13.05× | -14.3% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| May 31, 2018 | 15.23× | -0.1% |
| May 31, 2017 | 15.24× | +10.2% |
| May 31, 2016 | 13.83× | -19.0% |
| May 31, 2015 | 17.07× | N/M |
| May 31, 2014 | N/M | N/M |
| May 31, 2013 | 24.03× | +67.7% |
| May 31, 2012 | 14.33× | -29.2% |
| May 31, 2011 | 20.24× | -45.9% |
| May 31, 2010 | 37.43× | +215.9% |
| May 31, 2009 | 11.85× | +23.3% |
| May 31, 2008 | 9.61× | -46.3% |
| May 31, 2007 | 17.91× | -10.5% |
| May 31, 2006 | 20.01× | -32.6% |
| May 31, 2005 | 29.70× | -29.9% |
| May 31, 2004 | 42.38× | -32.1% |
| May 31, 2003 | 62.39× | N/M |
| May 31, 2002 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MLKN compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MLKN This stockMillerKnoll, Inc. | 12.24× |
 HNIHNI Corporation | 111.68× |
 ETDEthan Allen Interiors Inc. | 13.62× |
 HOFTHooker Furnishings Corporation | N/M |
 FLXSFlexsteel Industries, Inc. | 11.38× |
 BSETBassett Furniture Industries, Incorporated | 29.87× |
 LZBLa-Z-Boy Incorporated | 16.59× |
 LOVEThe Lovesac Company | 14.11× |
 ARHSArhaus, Inc. | 26.52× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MLKN’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 16.59×. 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 MLKN 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("MLKN", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 22.77 ÷ EPS 1.86 = 12.24×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; 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.
MLKN P/E ratio: common questions
The essentials behind the numbers.
MillerKnoll, Inc.'s current P/E is 12.24× based on the quote data last updated Nov 5, 2026. 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.