Marsh & McLennan Companies
MMC
#145
Rank
$105.93 B
Marketcap
$215.00
Share price
1.07%
Change (1 day)
18.75%
Change (1 year)

P/E ratio for Marsh & McLennan Companies (MMC)

P/E ratio as of June 2024 (TTM): 30.7

According to Marsh & McLennan Companies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6705. At the end of 2022 the company had a P/E ratio of 27.1.

P/E ratio history for Marsh & McLennan Companies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.1-3.39%
202128.1-4.48%
202029.4-8.97%
201932.332.01%
201824.5-12.53%
201728.041.11%
201619.87.24%
201518.5-13.46%
201421.49.09%
201319.622.69%
201216.0-8.65%
201117.5-0.32%
201017.5-65.87%
200951.3-125.39%
2008-202-3660.58%
20075.68-66.65%
200617.0-59.78%
200542.3-57.52%
200499.7501.64%
200316.6-9.45%
200218.3-39.71%
200130.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.4-27.02%๐Ÿ‡ฌ๐Ÿ‡ง UK
78.6 156.33%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
12.9-58.04%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
11.4-62.98%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.