P/E ratio for M1 Kliniken AG (M12.DE)
P/E ratio at the end of 2022: 38.5
According to M1 Kliniken AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.765. At the end of 2022 the company had a P/E ratio of 38.5.
P/E ratio history for M1 Kliniken AG from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.5 | 161.29% |
| 2021 | 14.7 | -27.52% |
| 2020 | 20.3 | -10.93% |
| 2019 | 22.8 | -30.34% |
| 2018 | 32.7 | 13.26% |
| 2017 | 28.9 | -4.82% |
| 2016 | 30.4 | 172.96% |
| 2015 | 11.1 |
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.