Magnachip
MX
#8311
Rank
HK$1.16 B
Marketcap
HK$31.24
Share price
3.08%
Change (1 day)
-44.20%
Change (1 year)

P/E ratio for Magnachip (MX)

P/E ratio as of November 2024 (TTM): -4.52

According to Magnachip's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.51685. At the end of 2022 the company had a P/E ratio of -55.2.

P/E ratio history for Magnachip from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-55.2-414.96%
202117.51142.67%
20201.41-107.9%
2019-17.9-68.36%
2018-56.5-1518.46%
20173.98-153.92%
2016-7.38246.03%
2015-2.13-43.68%
2014-3.79-111.65%
201332.5996.26%
20122.96-110.7%
2011-27.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.8-936.69%๐Ÿ‡บ๐Ÿ‡ธ USA
59.2-1,411.03%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-436.17%๐Ÿ‡น๐Ÿ‡ผ Taiwan
-0.6784-84.98%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
5.59-223.84%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.