P/E ratio for Macmahon Holdings (MAH.AX)
P/E ratio at the end of 2023: 5.35
According to Macmahon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.5111. At the end of 2023 the company had a P/E ratio of 5.35.
P/E ratio history for Macmahon Holdings from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.35 | -43.59% |
| 2022 | 9.48 | 114.01% |
| 2021 | 4.43 | -37.4% |
| 2020 | 7.08 | -11.15% |
| 2019 | 7.97 | -28.83% |
| 2018 | 11.2 | -259.34% |
| 2017 | -7.03 | -113.44% |
| 2016 | 52.3 | -17394.15% |
| 2015 | -0.3022 | -110.44% |
| 2014 | 2.89 | -199.72% |
| 2013 | -2.90 | -163.37% |
| 2012 | 4.58 | -97.98% |
| 2011 | 227 | 2677.33% |
| 2010 | 8.16 | -6.81% |
| 2009 | 8.76 | -28.57% |
| 2008 | 12.3 | 9.39% |
| 2007 | 11.2 | -75.16% |
| 2006 | 45.1 | 553.7% |
| 2005 | 6.90 | 0.48% |
| 2004 | 6.87 | 41.84% |
| 2003 | 4.84 | -60.17% |
| 2002 | 12.2 | -1524.05% |
| 2001 | -0.8537 |
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.