Mirrabooka Investments Limited
MIR.AX
#7201
Rank
ยฃ0.30 B
Marketcap
ยฃ1.57
Share price
-0.62%
Change (1 day)
-5.04%
Change (1 year)

P/E ratio for Mirrabooka Investments Limited (MIR.AX)

P/E ratio at the end of 2023: 44.1

According to Mirrabooka Investments Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.742. At the end of 2023 the company had a P/E ratio of 44.1.

P/E ratio history for Mirrabooka Investments Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202344.1-38.91%
202272.2-5.78%
202176.644.45%
202053.034.79%
201939.312.39%
201835.0-26%
201747.316.2%
201640.7-3.4%
201542.132.71%
201431.846.19%
201321.782.16%
201211.9-10.7%
201113.4-17.45%
201016.2-174.72%
2009-21.6-531.11%
20085.02-42.1%
20078.67-4.32%
20069.06-60.68%
200523.0-20.32%
200428.9-9.48%
200332.0-15.76%
200237.96.76%
200135.5

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.