P/E ratio for Maple Leaf Foods (MFI.TO)
P/E ratio as of April 2024 (TTM): -18.3
According to Maple Leaf Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.2569. At the end of 2022 the company had a P/E ratio of -9.66.
P/E ratio history for Maple Leaf Foods from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.66 | -127.41% |
| 2021 | 35.3 | 14.93% |
| 2020 | 30.7 | -27.7% |
| 2019 | 42.4 | 25.74% |
| 2018 | 33.7 | 20.57% |
| 2017 | 28.0 | 34.35% |
| 2016 | 20.8 | -73.7% |
| 2015 | 79.2 | 1942.03% |
| 2014 | 3.88 | -18.23% |
| 2013 | 4.74 | -74.64% |
| 2012 | 18.7 | 3.62% |
| 2011 | 18.1 | -65.14% |
| 2010 | 51.8 | 73.02% |
| 2009 | 29.9 | -175.69% |
| 2008 | -39.5 | -531.3% |
| 2007 | 9.17 | -96.29% |
| 2006 | 247 | 1101.53% |
| 2005 | 20.5 | 23.49% |
| 2004 | 16.6 | -57.23% |
| 2003 | 38.9 | 152.16% |
| 2002 | 15.4 | -19.37% |
| 2001 | 19.1 |
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.