MillerKnoll, Inc. Common Stock (MLKN) Valuation
Historical valuation analysis based on 1245 data points (2021-11-01 to 2026-10-16)
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Cont...
MillerKnoll, Inc. Common Stock (MLKN) currently trades at a P/E ratio of 14.79 (historical range: 11.62–154.60, median: 29.58), placing it at the 14th percentile — cheap relative to its history, P/S ratio of 0.38 (range: 0.26–1.15, 33th percentile — below its historical average), EV/EBITDA of 13.09 (range: 10.41–281.46, 11th percentile).
Over the historical period (2021-11-01 to 2026-10-16), MillerKnoll, Inc. Common Stock's P/E ratio has expanded by 100% over the observed period (from an average of 27.1 to 54.2).
MillerKnoll, Inc. Common Stock trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 14.79 | 29.58 | 14th | cheap relative to its history |
| P/S Ratio | 0.38 | 0.43 | 33th | below its historical average |
| EV/EBITDA | 13.09 | 20.92 | 11th | cheap relative to its history |
| FCF Yield | 7.98% | 8.47% | 39th | above its historical average |
MillerKnoll, Inc. Common Stock (MLKN) Valuation & P/E History
MillerKnoll, Inc. Common Stock (MLKN) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Office Furniture industry currently trading at $21.07 with a market capitalization of $1.4 billion. This page provides historical valuation analysis for MLKN based on 1245 data points covering 2021-11-01 to 2026-10-16. The P/E ratio of 14.79 is below the historical median of 29.58, placing MLKN at the 14th percentile of its valuation range. The P/S ratio of 0.38 compares to a median of 0.43.
MLKN Valuation Metrics & Historical Range
The valuation table above shows MillerKnoll, Inc. Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether MLKN is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests MLKN is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for MillerKnoll, Inc. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is MLKN Overvalued or Undervalued?
MillerKnoll, Inc. Common Stock trades well below its historical valuation range across most metrics. The overall valuation percentile of 19 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive MLKN is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full MLKN analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.MLKN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.