P/E ratio for Media and Games Invest (M8G.DE)
P/E ratio as of April 2023 (TTM): 15.9
According to Media and Games Invest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9156. At the end of 2021 the company had a P/E ratio of 39.1.
P/E ratio history for Media and Games Invest from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 39.1 | -25.54% |
| 2020 | 52.5 | -146.88% |
| 2019 | -112 | -976.52% |
| 2018 | 12.8 | -432.51% |
| 2017 | -3.84 | -128.58% |
| 2016 | 13.4 | -1038.33% |
| 2015 | -1.43 | 1064.15% |
| 2014 | -0.1231 | -93.85% |
| 2013 | -2.00 | 84.61% |
| 2012 | -1.08 |
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.