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Matson
MATX
#3597
Rank
$2.16 B
Marketcap
$59.97
Share price
-1.13%
Change (1 day)
-50.73%
Change (1 year)

P/E ratio for Matson (MATX)

P/E ratio as of March 2023 (TTM): 2.23

According to Matson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.23392. At the end of 2021 the company had a P/E ratio of 4.12.

P/E ratio history for Matson from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.12-67.54%
202012.7-40.29%
201921.268.57%
201812.6129.82%
20175.49-71.02%
201618.95.21%
201518.0-14.02%
201420.90.16%
201320.9-7.9%
201222.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.08 82.55%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.69 20.33%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
4.50 101.31%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.