Megaport Limited
MP1.AX
#5982
Rank
HK$5.99 B
Marketcap
HK$37.38
Share price
3.91%
Change (1 day)
-22.29%
Change (1 year)

P/E ratio for Megaport Limited (MP1.AX)

P/E ratio at the end of 2023: -111

According to Megaport Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -121.179. At the end of 2023 the company had a P/E ratio of -111.

P/E ratio history for Megaport Limited from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-111582.6%
2022-16.3-62.27%
2021-43.331.66%
2020-32.952.38%
2019-21.648.69%
2018-14.5177.33%
2017-5.2319.97%
2016-4.36

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.