P/E ratio for Magnachip (MX)
P/E ratio as of April 2024 (TTM): -5.62
According to Magnachip's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.61798. At the end of 2022 the company had a P/E ratio of -55.2.
P/E ratio history for Magnachip from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -55.2 | -414.96% |
| 2021 | 17.5 | 1142.67% |
| 2020 | 1.41 | -107.9% |
| 2019 | -17.9 | -68.36% |
| 2018 | -56.5 | -1518.46% |
| 2017 | 3.98 | -153.92% |
| 2016 | -7.38 | 246.03% |
| 2015 | -2.13 | -43.68% |
| 2014 | -3.79 | -111.65% |
| 2013 | 32.5 | 996.26% |
| 2012 | 2.96 | -110.7% |
| 2011 | -27.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alpha & Omega Semiconductor AOSL | 48.2 | -957.50% | 🇺🇸 USA |
 Himax HIMX | 13.3 | -335.85% | 🇹🇼 Taiwan |
 Cirrus Logic
CRUS | 32.4 | -676.00% | 🇺🇸 USA |
 STMicroelectronics STM | 8.51 | -251.48% | 🇨🇭 Switzerland |
 LG Display LPL | -0.7430 | -86.77% | 🇰🇷 S. Korea |
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.