Magnachip
MX
#5497
Rank
$0.42 B
Marketcap
๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Country
$9.59
Share price
-1.84%
Change (1 day)
-47.60%
Change (1 year)

P/E ratio for Magnachip (MX)

P/E ratio as of November 2022 (TTM): 10.4

According to Magnachip's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4239. At the end of 2021 the company had a P/E ratio of 17.5.

P/E ratio history for Magnachip from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202117.51167.32%
20201.38-107.75%
2019-17.9-68.36%
2018-56.5-1518.46%
20173.98-153.92%
2016-7.38246.03%
2015-2.13
20122.96

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
1.94-81.42%๐Ÿ‡บ๐Ÿ‡ธ USA
2.79-73.26%๐Ÿ‡น๐Ÿ‡ผ Taiwan
11.8 12.90%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72-6.73%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
10.3-0.84%๐Ÿ‡ฐ๐Ÿ‡ท 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.