P/E ratio for Mega Uranium (MGA.TO)
P/E ratio as of April 2024 (TTM): > 1000
According to Mega Uranium's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1508.47. At the end of 2022 the company had a P/E ratio of -8.72.
P/E ratio history for Mega Uranium from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.72 | -245.63% |
| 2021 | 5.99 | -0.19% |
| 2020 | 6.00 | -225.03% |
| 2019 | -4.80 | 39.13% |
| 2018 | -3.45 | -83.57% |
| 2017 | -21.0 | -54.42% |
| 2016 | -46.1 | 1410.5% |
| 2015 | -3.05 | 0.98% |
| 2014 | -3.02 | 877.73% |
| 2013 | -0.3089 | -76.45% |
| 2012 | -1.31 | 247.65% |
| 2011 | -0.3774 | -95.85% |
| 2010 | -9.08 | -279.28% |
| 2009 | 5.07 | -836.97% |
| 2008 | -0.6875 | -97.98% |
| 2007 | -34.0 | -48.17% |
| 2006 | -65.6 | -24.63% |
| 2005 | -87.0 | 168.99% |
| 2004 | -32.4 |
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.