P/E ratio for Montrose Environmental (MEG)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
E. W. Scripps Company SSP	-0.2244	-97.85%	🇺🇸 USA
New York Times NYT	44.3	-525.51%	🇺🇸 USA
Sinclair Broadcast SBGI	10.8	-203.33%	🇺🇸 USA
Entravision Communications EVC	24.5	-335.16%	🇺🇸 USA
Nexstar Media Group NXST	9.03	-186.69%	🇺🇸 USA
Daily Journal DJCO	-32.2	208.93%	🇺🇸 USA
Lee Enterprises LEE	-5.68	-45.44%	🇺🇸 USA
Gray Television GTN	1.64	-115.72%	🇺🇸 USA
Gannett GCI	-23.2	123.02%	🇺🇸 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.