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	39.8	-89.28%	🇺🇸 USA
Ametek AME	30.5	-91.79%	🇺🇸 USA
Bruker BRKR	30.8	-91.70%	🇺🇸 USA
3M MMM	-10.00	-102.69%	🇺🇸 USA
Steris STE	194	-47.77%	🇮🇪 Ireland
AngioDynamics ANGO	47.5	-87.20%	🇺🇸 USA
Danaher DHR	33.9	-90.86%	🇺🇸 USA
Rockwell Medical RMTI	-4.57	-101.23%	🇺🇸 USA
General Electric GE	21.5	-94.21%	🇺🇸 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.