P/E ratio for Melrose Industries (MRO.L)
P/E ratio at the end of 2022: -13.5
According to Melrose Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -13.5.
P/E ratio history for Melrose Industries from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -13.5 | -332.44% |
| 2021 | 5.81 | -154.78% |
| 2020 | -10.6 | -92.2% |
| 2019 | -136 | 1345.41% |
| 2018 | -9.40 | -91.91% |
| 2017 | -116 | 112.42% |
| 2016 | -54.7 | -29866.4% |
| 2015 | 0.1837 | -85.26% |
| 2014 | 1.25 | 132% |
| 2013 | 0.5374 | -87.08% |
| 2012 | 4.16 | 821.73% |
| 2011 | 0.4512 | -50.74% |
| 2010 | 0.9161 | 0.1% |
| 2009 | 0.9152 | -287.46% |
| 2008 | -0.4882 | -584.82% |
| 2007 | 0.1007 | -74.99% |
| 2006 | 0.4027 | -118.06% |
| 2005 | -2.23 | 1714.2% |
| 2004 | -0.1229 | -97.41% |
| 2003 | -4.74 |
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.