Mainfreight
MFT.NZ
#2477
Rank
$3.95 B
Marketcap
$39.23
Share price
-1.86%
Change (1 day)
-41.55%
Change (1 year)

P/E ratio for Mainfreight (MFT.NZ)

P/E ratio at the end of 2021: 33.5

According to Mainfreight's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9789. At the end of 2021 the company had a P/E ratio of 33.5.

P/E ratio history for Mainfreight from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202133.547.98%
202022.6-9.56%
201925.022.49%
201820.40.3%
201720.421.61%
201616.84.27%
201516.148.33%
201410.8-17.01%
201313.141.21%
20129.25-68.09%
201129.087.91%
201015.418.69%
200913.0176.17%
20084.70-58.26%
200711.3-29.95%
200616.1-3.51%
200516.7-38.63%
200427.2164.84%
200310.3-38.11%
200216.6-49.06%
200132.5

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.