P/E ratio for Melisron (MLSR.TA)
P/E ratio as of April 2024 (TTM): 10.8
According to Melisron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8475. At the end of 2022 the company had a P/E ratio of 8.24.
P/E ratio history for Melisron from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.24 | -13.93% |
| 2021 | 9.57 | -126.97% |
| 2020 | -35.5 | -550.42% |
| 2019 | 7.88 | -31.6% |
| 2018 | 11.5 | 21.18% |
| 2017 | 9.50 | 20.06% |
| 2016 | 7.92 | -0.78% |
| 2015 | 7.98 | -2.05% |
| 2014 | 8.15 | -11.21% |
| 2013 | 9.17 | 27.24% |
| 2012 | 7.21 |
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.