P/E ratio for Maersk (MAERSK-B.CO)
P/E ratio as of September 2023 (TTM): 1.78
According to Maersk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.78301. At the end of 2021 the company had a P/E ratio of 3.39.
P/E ratio history for Maersk from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.39 | -73.18% |
| 2020 | 12.6 | -103.87% |
| 2019 | -327 | -4627.34% |
| 2018 | 7.21 | -128.07% |
| 2017 | -25.7 | 55.33% |
| 2016 | -16.5 | -148.75% |
| 2015 | 33.9 | 349.96% |
| 2014 | 7.54 |
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.