Montrose Environmental
MEG
#5864
Rank
HK$6.31 B
Marketcap
HK$184.02
Share price
-2.95%
Change (1 day)
-5.76%
Change (1 year)

P/E ratio for Montrose Environmental (MEG)

P/E ratio as of November 2024 (TTM): -12.9

According to Montrose Environmental's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.8641. At the end of 2022 the company had a P/E ratio of -27.4.

P/E ratio history for Montrose Environmental from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-27.4-37.82%
2021-44.1617.72%
2020-6.14

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.3315-97.42%๐Ÿ‡บ๐Ÿ‡ธ USA
52.1-505.39%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-199.70%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-304.70%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-178.87%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.5 261.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.1-14.07%๐Ÿ‡บ๐Ÿ‡ธ USA
2.45-119.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-32.1 149.67%๐Ÿ‡บ๐Ÿ‡ธ 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.