According to MLP SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4169. At the end of 2023 the company had a P/E ratio of 12.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.6 | 15.13% |
2022 | 10.9 | -27.26% |
2021 | 15.0 | 11.37% |
2020 | 13.5 | -18.04% |
2019 | 16.5 | 21.3% |
2018 | 13.6 | -39.68% |
2017 | 22.5 | -29.9% |
2016 | 32.1 | 57.51% |
2015 | 20.4 | 48.38% |
2014 | 13.7 | -41.99% |
2013 | 23.7 | 121.92% |
2012 | 10.7 | -77.09% |
2011 | 46.6 | 96.13% |
2010 | 23.8 | -35.17% |
2009 | 36.6 | -10.28% |
2008 | 40.8 | 135.72% |
2007 | 17.3 | -20.53% |
2006 | 21.8 | 128.92% |
2005 | 9.52 | -69.33% |
2004 | 31.0 |
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.