P/E ratio for MRC Global (MRC)

P/E ratio history for MRC Global from 2012 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
DNOW Inc. DNOW	12.1	-15.10%	🇺🇸 USA
Kaman KAMN	-26.7	-287.91%	🇺🇸 USA
Reliance RS	12.9	-9.40%	🇺🇸 USA
Chevron CVX	11.9	-16.06%	🇺🇸 USA
Marathon Petroleum MPC	5.85	-58.85%	🇺🇸 USA
Phillips 66 PSX	7.86	-44.72%	🇺🇸 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.