P/E ratio for Materion (MTRN)
P/E ratio as of May 2024 (TTM): 22.6
According to Materion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5765. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Materion from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -19.58% |
| 2021 | 26.0 | -68.62% |
| 2020 | 82.8 | 245.21% |
| 2019 | 24.0 | -45.12% |
| 2018 | 43.7 | -47.87% |
| 2017 | 83.8 | 172.96% |
| 2016 | 30.7 | 77.61% |
| 2015 | 17.3 | 0.08% |
| 2014 | 17.3 | -33.38% |
| 2013 | 25.9 | 21.68% |
| 2012 | 21.3 | 71.99% |
| 2011 | 12.4 | -26.58% |
| 2010 | 16.9 | -154.61% |
| 2009 | -30.9 | -321.06% |
| 2008 | 14.0 | -0.7% |
| 2007 | 14.1 | 5.04% |
| 2006 | 13.4 | -21.62% |
| 2005 | 17.1 | -18.67% |
| 2004 | 21.0 | -209.54% |
| 2003 | -19.2 | 650.2% |
| 2002 | -2.56 | -89.04% |
| 2001 | -23.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intrepid Potash
IPI | 12.6 | -44.20% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 12.4 | -45.20% | 🇺🇸 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.