Macy'sM.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Macy's (M.N) trades at a P/E of 8.35x, P/B of 1.28x, P/S of 0.28x, and a dividend yield of 2.40%.
Longitudinal percentile comparison: P/E sits at the 59th percentile over the trailing 10Y window (vs. 41st percentile over 3Y); P/B sits at the 47th percentile over the trailing 10Y window (vs. 79th percentile over 3Y); P/S sits at the 68th percentile over the trailing 10Y window (vs. 96th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 13th percentile within its industry and the 13th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.42%, ranking at the 30th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 12.2 points of each other — a consistent signal from both angles. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Macy's operates in the Retail Trade sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: M · M
Want the full picture on whether Macy's (M.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 8.35 | ||||||
| P/B (MRQ) | 1.28 | ||||||
| P/S (TTM) | 0.28 | ||||||
| Dividend Yield | 2.40% | ||||||
| Buyback + Div Yield | 2.42% |