P/E ratio for Marimekko (MEKKO.HE)
P/E ratio as of May 2024 (TTM): 26.3
According to Marimekko's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.2716. At the end of 2022 the company had a P/E ratio of 15.6.
P/E ratio history for Marimekko from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.6 | -55.68% |
| 2021 | 35.3 | 1.65% |
| 2020 | 34.7 | 25.68% |
| 2019 | 27.6 | 71.54% |
| 2018 | 16.1 | -10.72% |
| 2017 | 18.0 | -25.42% |
| 2016 | 24.2 | -76.69% |
| 2015 | 104 | 375.62% |
| 2014 | 21.8 | -121.26% |
| 2013 | -103 | -180.36% |
| 2012 | 128 | 261.84% |
| 2011 | 35.3 | 48.47% |
| 2010 | 23.8 | 8.91% |
| 2009 | 21.8 |
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.