MDC Holdings
MDC
#3515
Rank
$2.08 B
Marketcap
$29.30
Share price
-2.85%
Change (1 day)
-36.76%
Change (1 year)

P/E ratio for MDC Holdings (MDC)

P/E ratio as of October 2022 (TTM): 3.31

According to MDC Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.30702. At the end of 2021 the company had a P/E ratio of 6.86.

P/E ratio history for MDC Holdings from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.86-16.71%
20208.24-17.35%
20199.9622.41%
20188.14
201613.8-35.66%
201521.4-7.12%
201423.1304.83%
20135.70
2011-9.48

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.