MISTRAS Group
MG
#7293
Rank
C$0.59 B
Marketcap
C$18.97
Share price
-3.53%
Change (1 day)
32.47%
Change (1 year)

P/E ratio for MISTRAS Group (MG)

P/E ratio as of March 2026 (TTM): 23.7

According to MISTRAS Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7373. At the end of 2024 the company had a P/E ratio of 14.6.

P/E ratio history for MISTRAS Group from 2009 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202414.6-215.79%
2023-12.6-153.76%
202223.5-59.93%
202158.6-2689.44%
2020-2.26-103.33%
201968.08.69%
201862.5-121.31%
2017-293
201524.5
201344.4
201134.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Corning
GLW
68.5 188.68%๐Ÿ‡บ๐Ÿ‡ธ USA
General Dynamics
GD
22.5-5.29%๐Ÿ‡บ๐Ÿ‡ธ USA
General Electric
GE
37.8 59.11%๐Ÿ‡บ๐Ÿ‡ธ USA
Exxon Mobil
XOM
22.7-4.17%๐Ÿ‡บ๐Ÿ‡ธ USA
Chevron
CVX
29.1 22.43%๐Ÿ‡บ๐Ÿ‡ธ USA
Honeywell
HON
29.6 24.83%๐Ÿ‡บ๐Ÿ‡ธ USA
Dupont De Nemours
DD
-24.6-203.83%๐Ÿ‡บ๐Ÿ‡ธ USA
Exponent
EXPO
34.2 43.91%๐Ÿ‡บ๐Ÿ‡ธ USA
Team Inc
TISI
-1.21-105.09%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.