MAG Interactive
MAGI.ST
#6641
Rank
$60.91 M
Marketcap
$2.30
Share price
0.84%
Change (1 day)
-16.36%
Change (1 year)

P/E ratio for MAG Interactive (MAGI.ST)

P/E ratio as of November 2022 (TTM): 25.3

According to MAG Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3085. At the end of 2021 the company had a P/E ratio of 117.

P/E ratio history for MAG Interactive from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021117-470.19%
2020-31.511.48%
2019-28.3243.65%
2018-8.23

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.