P/E ratio for McBride (MCB.L)
P/E ratio at the end of 2023: -4.14
According to McBride's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2138.09. At the end of 2023 the company had a P/E ratio of -4.14.
P/E ratio history for McBride from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -4.14 | 225.07% |
| 2022 | -1.27 | -111.57% |
| 2021 | 11.0 | -37.1% |
| 2020 | 17.5 | -2.28% |
| 2019 | 17.9 | -73.76% |
| 2018 | 68.2 | 80.98% |
| 2017 | 37.7 | 143.99% |
| 2016 | 15.5 | -107.35% |
| 2015 | -210 | 2925.88% |
| 2014 | -6.95 | -123.51% |
| 2013 | 29.5 | 48.46% |
| 2012 | 19.9 | -47.83% |
| 2011 | 38.1 | 336.52% |
| 2010 | 8.74 | -29.38% |
| 2009 | 12.4 | 48.1% |
| 2008 | 8.36 | -29.29% |
| 2007 | 11.8 | 2.2% |
| 2006 | 11.6 | 29.4% |
| 2005 | 8.94 | -2.76% |
| 2004 | 9.19 | 26.68% |
| 2003 | 7.25 | -71.14% |
| 2002 | 25.1 | 181.35% |
| 2001 | 8.93 |
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.