MultiChoice Group
MCG.JO
#3755
Rank
A$4.26 B
Marketcap
$9.91
Share price
-0.22%
Change (1 day)
41.95%
Change (1 year)

P/E ratio for MultiChoice Group (MCG.JO)

P/E ratio at the end of 2022: 33.6

According to MultiChoice Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1394. At the end of 2022 the company had a P/E ratio of 33.6.

P/E ratio history for MultiChoice Group from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202233.650.81%
202122.3-69.98%
202074.3-378.54%
2019-26.7

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.