P/E ratio for Matthews International Corporation (MATW)
P/E ratio as of September 2023 (TTM): -20.3
According to Matthews International Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.2632. At the end of 2021 the company had a P/E ratio of -77.9.
P/E ratio history for Matthews International Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -77.9 | 569.73% |
| 2020 | -11.6 | -49.74% |
| 2019 | -23.1 | -233.86% |
| 2018 | 17.3 | 0.85% |
| 2017 | 17.1 | -51.16% |
| 2016 | 35.1 | |
| 2014 | 28.2 | 31.3% |
| 2013 | 21.5 | 26.09% |
| 2012 | 17.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Service Corporation International
SCI | 18.3 | -190.55% | 🇺🇸 USA |
 Hillenbrand HI | 4.83 | -123.86% | 🇺🇸 USA |
 Carriage Services CSV | 14.1 | -169.42% | 🇺🇸 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.