P/E ratio for Macerich (MAC)
P/E ratio as of April 2024 (TTM): -10.4
According to Macerich's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.4129. At the end of 2022 the company had a P/E ratio of -37.5.
P/E ratio history for Macerich from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -37.5 | -91.31% |
| 2021 | -432 | 6181.2% |
| 2020 | -6.88 | -117.55% |
| 2019 | 39.2 | -61.71% |
| 2018 | 102 | 59.68% |
| 2017 | 64.1 | 210.91% |
| 2016 | 20.6 | -19.65% |
| 2015 | 25.7 | 193.16% |
| 2014 | 8.75 | -55.43% |
| 2013 | 19.6 | -16.22% |
| 2012 | 23.4 | -44.87% |
| 2011 | 42.5 | -86.89% |
| 2010 | 324 | 1162.47% |
| 2009 | 25.7 | 228.78% |
| 2008 | 7.81 | -88.22% |
| 2007 | 66.3 | 156.61% |
| 2006 | 25.8 | -64.36% |
| 2005 | 72.5 | 68.17% |
| 2004 | 43.1 | 111.69% |
| 2003 | 20.4 | 12.33% |
| 2002 | 18.1 | 21.28% |
| 2001 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 21.1 | -302.84% | 🇺🇸 USA |
 Lowe's Companies LOW | 23.0 | -320.55% | 🇺🇸 USA |
 Foot Locker
FL | 14.3 | -236.91% | 🇺🇸 USA |
 Dillard's
DDS | 9.31 | -189.45% | 🇺🇸 USA |
 Abercrombie & Fitch ANF | 54.4 | -622.56% | 🇺🇸 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.