P/E ratio for Mail.ru Group (RL9A.F)
P/E ratio as of April 2024 (TTM): 0.6011
According to Mail.ru Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.601075. At the end of 2022 the company had a P/E ratio of 2.13.
P/E ratio history for Mail.ru Group from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.13 | -118.46% |
| 2021 | -11.5 | -47.83% |
| 2020 | -22.1 | -236.58% |
| 2019 | 16.2 | -137.94% |
| 2018 | -42.6 | -127.88% |
| 2017 | 153 | 406.39% |
| 2016 | 30.2 |
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.