Marsh & McLennan Companies
MMC
#155
Rank
$86.23 B
Marketcap
$174.32
Share price
0.63%
Change (1 day)
8.98%
Change (1 year)

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

P/E ratio as of May 2023 (TTM): 26.9

According to Marsh & McLennan Companies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.9428. At the end of 2021 the company had a P/E ratio of 28.1.

P/E ratio history for Marsh & McLennan Companies from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.6-5.12%๐Ÿ‡ฌ๐Ÿ‡ง UK
67.9 152.02%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
13.4-50.42%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
20.1-25.54%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.