P/E ratio for Maverix Metals (MMX)
P/E ratio as of May 2024 (TTM): 62.5
According to Maverix Metals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.5. At the end of 2021 the company had a P/E ratio of 25.6.
P/E ratio history for Maverix Metals from 2021 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 25.6 | -11.56% |
| 2020 | 29.0 | -141.89% |
| 2019 | -69.2 | -120.73% |
| 2018 | 334 | 200.62% |
| 2017 | 111 | -1288.86% |
| 2016 | -9.34 | 63.09% |
| 2015 | -5.73 | 4.67% |
| 2014 | -5.47 | 185.87% |
| 2013 | -1.91 | -34.11% |
| 2012 | -2.91 |
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.