Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
P/E ratio for Medifast, Inc. (MED)
P/E ratio as of 2023: 7.36
According to Medifast, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.36. At the end of 2022 the company had a P/E ratio of 8.99.
P/E ratio history for Medifast, Inc. from 1996 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 7.36 |
| 2022 | 8.99 |
| 2021 | 14.94 |
| 2020 | 22.47 |
| 2019 | 16.55 |
| 2018 | 26.77 |
| 2017 | 30.03 |
| 2016 | 27.64 |
| 2015 | 18.11 |
| 2014 | 32.25 |
| 2013 | 15.02 |
| 2012 | 22.81 |
| 2011 | 10.33 |
| 2010 | 20738.07 |
| 2009 | 34.55 |
| 2008 | 13.33 |
| 2007 | 16.38 |
| 2006 | 31.41 |
| 2005 | 23.56 |
| 2004 | 21.83 |
| 2003 | 54.44 |
| 2002 | 13.63 |
| 2001 | 2.44 |
| 2000 | 0.61 |
| 1999 | -0.32 |
| 1998 | -10.12 |
| 1997 | -1.67 |
| 1996 | 35.45 |