P/E ratio for Matthews International Corporation (MATW)
P/E ratio as of April 2024 (TTM): -13.5
According to Matthews International Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.5478. At the end of 2022 the company had a P/E ratio of -12.1.
P/E ratio history for Matthews International Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.1 | -84.64% |
| 2021 | -78.6 | 575.29% |
| 2020 | -11.6 | -49.74% |
| 2019 | -23.1 | -234.63% |
| 2018 | 17.2 | 0.27% |
| 2017 | 17.1 | -51.16% |
| 2016 | 35.1 | 7.19% |
| 2015 | 32.8 | 15.49% |
| 2014 | 28.4 | 32.06% |
| 2013 | 21.5 | 26.09% |
| 2012 | 17.0 | 31.1% |
| 2011 | 13.0 | -13.1% |
| 2010 | 14.9 | -16.98% |
| 2009 | 18.0 | 16.83% |
| 2008 | 15.4 | -28.65% |
| 2007 | 21.6 | 16.37% |
| 2006 | 18.6 | -6.71% |
| 2005 | 19.9 | -6.47% |
| 2004 | 21.3 | 2.08% |
| 2003 | 20.8 | 19.45% |
| 2002 | 17.4 | -23.7% |
| 2001 | 22.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Service Corporation International
SCI | 21.6 | -259.39% | 🇺🇸 USA |
 Hillenbrand HI | 5.41 | -139.96% | 🇺🇸 USA |
 Carriage Services CSV | 11.5 | -184.60% | 🇺🇸 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.