P/E ratio for Medion AG (MDN.DE)
P/E ratio as of May 2024 (TTM): 36.8
According to Medion AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.8282. At the end of 2023 the company had a P/E ratio of -22.9.
P/E ratio history for Medion AG from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -22.9 | -209.65% |
| 2022 | 20.8 | 14.31% |
| 2021 | 18.2 | -16.04% |
| 2020 | 21.7 | -3.63% |
| 2019 | 22.5 | -0.15% |
| 2018 | 22.6 | -34.22% |
| 2017 | 34.3 | 4.99% |
| 2016 | 32.7 | 23.93% |
| 2015 | 26.4 | -20.23% |
| 2014 | 33.1 | 26.04% |
| 2013 | 26.2 | -84.91% |
| 2012 | 174 | 258.51% |
| 2011 | 48.5 | 50.89% |
| 2010 | 32.1 | 39% |
| 2009 | 23.1 | 109.23% |
| 2008 | 11.1 | -75.35% |
| 2007 | 44.8 | -850% |
| 2006 | -5.98 | -109.71% |
| 2005 | 61.6 | 299.97% |
| 2004 | 15.4 | 5.79% |
| 2003 | 14.6 | -18.5% |
| 2002 | 17.9 |
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.