P/E ratio for Mesa Laboratories (MLAB)

P/E ratio history for Mesa Laboratories from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Thermo Fisher Scientific TMO	36.1	-89.65%	🇺🇸 USA
Ametek AME	34.2	-90.18%	🇺🇸 USA
Bruker BRKR	26.9	-92.30%	🇺🇸 USA
3M MMM	-10.1	-102.90%	🇺🇸 USA
Steris STE	178	-48.82%	🇮🇪 Ireland
AngioDynamics ANGO	45.6	-86.93%	🇺🇸 USA
Danaher DHR	30.7	-91.19%	🇺🇸 USA
Rockwell Medical RMTI	-5.20	-101.49%	🇺🇸 USA
General Electric GE	21.7	-93.79%	🇺🇸 USA

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.