P/E ratio for Marcopolo (POMO4.SA)
P/E ratio as of May 2024 (TTM): 11.1
According to Marcopolo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0818. At the end of 2023 the company had a P/E ratio of 8.44.
P/E ratio history for Marcopolo from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 8.44 | 42.5% |
| 2022 | 5.93 | -24.21% |
| 2021 | 7.82 | -69.88% |
| 2020 | 26.0 | 23.11% |
| 2019 | 21.1 | 0.8% |
| 2018 | 20.9 | -58.68% |
| 2017 | 50.6 | 354.08% |
| 2016 | 11.1 | -39.26% |
| 2015 | 18.4 | 40.31% |
| 2014 | 13.1 | -15.41% |
| 2013 | 15.5 | -21.64% |
| 2012 | 19.7 | 116.22% |
| 2011 | 9.13 | -13.14% |
| 2010 | 10.5 | -4.29% |
| 2009 | 11.0 | 110.49% |
| 2008 | 5.22 | -51.84% |
| 2007 | 10.8 | -2.6% |
| 2006 | 11.1 | 41.2% |
| 2005 | 7.88 | -12.21% |
| 2004 | 8.97 | 35.65% |
| 2003 | 6.61 |
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.