McMillan Shakespeare
MMS.AX
#6542
Rank
A$0.92 B
Marketcap
$13.26
Share price
-0.97%
Change (1 day)
-35.09%
Change (1 year)

P/E ratio for McMillan Shakespeare (MMS.AX)

P/E ratio at the end of 2023: 38.3

According to McMillan Shakespeare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.2846. At the end of 2023 the company had a P/E ratio of 38.3.

P/E ratio history for McMillan Shakespeare from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202338.3294.14%
20229.72-28.39%
202113.6-97.31%
20205043394.4%
201914.4-35.53%
201822.463.64%
201713.720.89%
201611.30.29%
201511.335.12%
20148.35-37.32%
201313.340.19%
20129.508.87%
20118.7364.73%
20105.30-27.06%
20097.2715.55%
20086.29-68.54%
200720.026.82%
200615.8-6.25%
200516.8-64.11%
200446.8

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.