P/E ratio for Maire Tecnimont (MAIRE.MI)
P/E ratio as of May 2024 (TTM): 32.4
According to Maire Tecnimont's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.4234. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Maire Tecnimont from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -30.88% |
| 2021 | 16.4 | 58.21% |
| 2020 | 10.4 | 43.94% |
| 2019 | 7.19 | -25% |
| 2018 | 9.59 | -10.95% |
| 2017 | 10.8 | 1.42% |
| 2016 | 10.6 | -39.09% |
| 2015 | 17.4 | 59.25% |
| 2014 | 10.9 | -63.07% |
| 2013 | 29.6 | -4656.6% |
| 2012 | -0.6504 | -39.72% |
| 2011 | -1.08 | -106.23% |
| 2010 | 17.3 | 68.38% |
| 2009 | 10.3 | 165.36% |
| 2008 | 3.88 | -74.87% |
| 2007 | 15.4 |
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.