Matson
MATX
#2859
Rank
โ‚น386.26 B
Marketcap
โ‚น11,631
Share price
0.12%
Change (1 day)
25.02%
Change (1 year)

P/E ratio for Matson (MATX)

P/E ratio as of December 2024 (TTM): 15.6

According to Matson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6446. At the end of 2022 the company had a P/E ratio of 2.32.

P/E ratio history for Matson from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.32-43.56%
20214.12-67.54%
202012.7-40.29%
201921.268.57%
201812.6129.82%
20175.49-71.02%
201618.95.21%
201518.0-14.02%
201420.90.16%
201320.9-7.9%
201222.7-4.99%
201123.9176.07%
20108.65-43.11%
200915.2305.98%
20083.74-49.53%
20077.42-0.93%
20067.49-16.81%
20059.004.86%
20048.583.41%
20038.30-5.37%
20028.7787.02%
20014.69

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
41.7 166.85%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
8.80-43.76%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.51-83.97%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.