MongoDB
MDB
#942
Rank
A$32.53 B
Marketcap
$440.45
Share price
-1.39%
Change (1 day)
-23.75%
Change (1 year)
MongoDB Inc. is an American software company that develops and provides commercial support for the open source database MongoDB, a NoSQL database that stores data in JSON-like documents with flexible schemas.

P/E ratio for MongoDB (MDB)

P/E ratio as of November 2024 (TTM): -83.3

According to MongoDB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -83.2746. At the end of 2022 the company had a P/E ratio of -36.7.

P/E ratio history for MongoDB from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-36.7-67.25%
2021-11235.9%
2020-82.352.67%
2019-53.930.11%
2018-41.5254.81%
2017-11.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-44.54%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.