P/E ratio for MRM (MRM.PA)
P/E ratio at the end of 2023: -5.42
According to MRM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5969. At the end of 2023 the company had a P/E ratio of -5.42.
P/E ratio history for MRM from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -5.42 | -65.02% |
| 2022 | -15.5 | -109.55% |
| 2021 | 162 | -3476.36% |
| 2020 | -4.81 | -125.7% |
| 2019 | 18.7 | -464.68% |
| 2018 | -5.13 | -62.39% |
| 2017 | -13.6 | -202.47% |
| 2016 | 13.3 | 79% |
| 2015 | 7.44 | -208.08% |
| 2014 | -6.88 | -547.28% |
| 2013 | 1.54 | -242.98% |
| 2012 | -1.08 | -116.02% |
| 2011 | 6.72 | -735.32% |
| 2010 | -1.06 | 84.88% |
| 2009 | -0.5718 |
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.