Mediclinic International
MEI.JO
#2777
Rank
$4.98 B
Marketcap
$6.69
Share price
0.00%
Change (1 day)
19.89%
Change (1 year)

P/E ratio for Mediclinic International (MEI.JO)

P/E ratio at the end of 2022: 14.7

According to Mediclinic International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8378. At the end of 2022 the company had a P/E ratio of 14.7.

P/E ratio history for Mediclinic International from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202214.7-45.49%
202127.0-547.12%
2020-6.05-51.36%
2019-12.4102.7%
2018-6.13-133.91%
201718.1-30.62%
201626.1

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.