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 |
|---|---|---|
| 2021 | 4.12 | -67.54% |
| 2020 | 12.7 | -40.29% |
| 2019 | 21.2 | 68.57% |
| 2018 | 12.6 | 129.82% |
| 2017 | 5.49 | -71.02% |
| 2016 | 18.9 | 5.21% |
| 2015 | 18.0 | -14.02% |
| 2014 | 20.9 | 0.16% |
| 2013 | 20.9 | -7.9% |
| 2012 | 22.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Golden Ocean Group GOGL | 4.08 | 82.55% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | 2.69 | 20.33% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 4.50 | 101.31% | 🇧🇲 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.