P/E ratio for MarketAxess (MKTX)
P/E ratio as of April 2024 (TTM): 30.5
According to MarketAxess 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5492. At the end of 2022 the company had a P/E ratio of 41.8.
P/E ratio history for MarketAxess from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 41.8 | -30.15% |
| 2021 | 59.9 | -15.85% |
| 2020 | 71.1 | 3.77% |
| 2019 | 68.6 | 51.83% |
| 2018 | 45.2 | -10.03% |
| 2017 | 50.2 | 17.17% |
| 2016 | 42.8 | 0.57% |
| 2015 | 42.6 | 19.98% |
| 2014 | 35.5 | 9.26% |
| 2013 | 32.5 | 51.87% |
| 2012 | 21.4 | -8.34% |
| 2011 | 23.3 | -3.54% |
| 2010 | 24.2 | -21.66% |
| 2009 | 30.9 | -12.94% |
| 2008 | 35.5 | -11.51% |
| 2007 | 40.1 | -46.82% |
| 2006 | 75.4 | 91.28% |
| 2005 | 39.4 | 3185.42% |
| 2004 | 1.20 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evercore EVR | 22.8 | -25.40% | 🇺🇸 USA |
 Stifel
SF | 16.1 | -47.16% | 🇺🇸 USA |
 Oppenheimer Holdings
OPY | 9.71 | -68.21% | 🇺🇸 USA |
 Greenhill GHL | 17.4 | -42.94% | 🇺🇸 USA |
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.