McMillan Shakespeare
MMS.AX
#6170
Rank
HK$5.27 B
Marketcap
HK$75.74
Share price
-0.86%
Change (1 day)
-14.96%
Change (1 year)

P/E ratio for McMillan Shakespeare (MMS.AX)

P/E ratio at the end of 2023: 40.1

According to McMillan Shakespeare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.8441. At the end of 2023 the company had a P/E ratio of 40.1.

P/E ratio history for McMillan Shakespeare from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202340.1294.14%
202210.2-28.39%
202114.2-97.31%
20205273394.4%
201915.1-35.53%
201823.463.64%
201714.320.89%
201611.80.29%
201511.835.12%
20148.73-37.32%
201313.940.19%
20129.948.87%
20119.1364.73%
20105.54-27.06%
20097.6015.55%
20086.57-68.54%
200720.926.82%
200616.5-6.25%
200517.6-64.11%
200449.0

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.