P/E ratio for Munich RE (Münchener Rück) (MUV2.DE)
P/E ratio as of May 2024 (TTM): 14.2
According to Munich RE (Münchener Rück)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1643. At the end of 2022 the company had a P/E ratio of 8.30.
P/E ratio history for Munich RE (Münchener Rück) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.30 | -33.31% |
| 2021 | 12.4 | -55.78% |
| 2020 | 28.1 | 102.93% |
| 2019 | 13.9 | 14.14% |
| 2018 | 12.1 | -84.34% |
| 2017 | 77.6 | 596.95% |
| 2016 | 11.1 | 12.91% |
| 2015 | 9.86 | 8.84% |
| 2014 | 9.06 | 4.51% |
| 2013 | 8.67 | -55.81% |
| 2012 | 19.6 | -17.44% |
| 2011 | 23.8 | 173.87% |
| 2010 | 8.67 | 3.36% |
| 2009 | 8.39 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.