Mesa Laboratories
MLAB
#7178
Rank
A$0.74 B
Marketcap
A$134.71
Share price
-3.46%
Change (1 day)
-26.24%
Change (1 year)

P/E ratio for Mesa Laboratories (MLAB)

P/E ratio as of April 2026 (TTM): -322

According to Mesa Laboratories's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -321.567. At the end of 2024 the company had a P/E ratio of -2.84.

P/E ratio history for Mesa Laboratories from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
2024-2.84-100.47%
2023610-204.35%
2022-584-366.83%
2021219-137.46%
2020-585
201874.9-156.51%
2017-133-452.18%
201637.6-4.65%
201539.565.47%
201423.9-23.3%
201331.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Thermo Fisher Scientific
TMO
26.2-108.15%๐Ÿ‡บ๐Ÿ‡ธ USA
Ametek
AME
35.6-111.06%๐Ÿ‡บ๐Ÿ‡ธ USA
General Electric
GE
34.3-110.68%๐Ÿ‡บ๐Ÿ‡ธ USA
Danaher
DHR
35.0-110.89%๐Ÿ‡บ๐Ÿ‡ธ USA
3M
MMM
24.0-107.46%๐Ÿ‡บ๐Ÿ‡ธ USA
Steris
STE
29.6-109.22%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
Rockwell Medical
RMTI
-9.84-96.94%๐Ÿ‡บ๐Ÿ‡ธ USA
Bruker
BRKR
-228-29.16%๐Ÿ‡บ๐Ÿ‡ธ USA
AngioDynamics
ANGO
-15.9-95.07%๐Ÿ‡บ๐Ÿ‡ธ 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.