Macy`s (M) has a P/E ratio of 9.23, below the Consumer Discretionary sector average of 21.97.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, M shows a P/E ratio of 9.23. That is below the Consumer Discretionary sector average of 21.97. Scroll down for historical charts and peer comparison views.
The Consumer Discretionary sector average P/E ratio is about 21.97. Macy`s is at 9.23, which is lower that average. That is roughly 58.0% below the sector mean. Use the comparison chart on this page to see how M stacks up against individual peers as well.
Investors watch M's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Macy`s's latest reading is 9.23. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Macy`s's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 9.23) with ownership activity and broader fundamentals.
The Consumer Discretionary average P/E ratio is about 21.97, while M is at 9.23. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.