P/E ratio for McPhy Energy (MCPHY.PA)
P/E ratio at the end of 2022: -8.91
According to McPhy Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -8.91.
P/E ratio history for McPhy Energy from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.91 | -63.68% |
| 2021 | -24.5 | -75.13% |
| 2020 | -98.7 | 999.31% |
| 2019 | -8.98 | 72.62% |
| 2018 | -5.20 | -28.57% |
| 2017 | -7.28 | 62.8% |
| 2016 | -4.47 | -16.27% |
| 2015 | -5.34 | -9.02% |
| 2014 | -5.87 |
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.