P/E ratio for MAG Silver (MAG)
P/E ratio as of May 2024 (TTM): 39.9
According to MAG Silver's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.871. At the end of 2022 the company had a P/E ratio of 86.8.
P/E ratio history for MAG Silver from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 86.8 | -66.75% |
| 2021 | 261 | -215.76% |
| 2020 | -226 | -4.73% |
| 2019 | -237 | 120.12% |
| 2018 | -108 | -27.01% |
| 2017 | -147 | 848.68% |
| 2016 | -15.5 | -47.19% |
| 2015 | -29.4 | -13.37% |
| 2014 | -34.0 | 222.47% |
| 2013 | -10.5 | -78.51% |
| 2012 | -49.0 | 10.36% |
| 2011 | -44.4 | -14.41% |
| 2010 | -51.9 | 105.08% |
| 2009 | -25.3 | -37.94% |
| 2008 | -40.8 | -50.64% |
| 2007 | -82.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Emerson EMR | 4.63 | -88.40% | 🇺🇸 USA |
 General Electric GE | 18.7 | -53.15% | 🇺🇸 USA |
 Woodward WWD | 48.8 | 22.35% | 🇺🇸 USA |
 Columbus McKinnon CMCO | 23.4 | -41.41% | 🇺🇸 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.