P/E ratio for Macquarie (MQG.AX)
P/E ratio at the end of 2022: 16.3
According to Macquarie's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 16.3.
P/E ratio history for Macquarie from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.3 | -8.83% |
| 2021 | 17.9 | 64.96% |
| 2020 | 10.8 | -26.78% |
| 2019 | 14.8 | 8.96% |
| 2018 | 13.6 | -0.89% |
| 2017 | 13.7 | 38.84% |
| 2016 | 9.86 | -30.54% |
| 2015 | 14.2 | 1.28% |
| 2014 | 14.0 | 9.26% |
| 2013 | 12.8 | -0.11% |
| 2012 | 12.8 | 7.04% |
| 2011 | 12.0 | -14.93% |
| 2010 | 14.1 | 88.24% |
| 2009 | 7.49 | 4.36% |
| 2008 | 7.18 | -44.68% |
| 2007 | 13.0 | -13.86% |
| 2006 | 15.1 | 28.82% |
| 2005 | 11.7 | -17.87% |
| 2004 | 14.2 | 5.85% |
| 2003 | 13.5 | -42.1% |
| 2002 | 23.2 | 25.88% |
| 2001 | 18.5 |
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.