P/E ratio for MEP Infrastructure (MEP.NS)
P/E ratio as of July 2024 (TTM): -0.6929
According to MEP Infrastructure 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.692945. At the end of 2022 the company had a P/E ratio of -0.9836.
P/E ratio history for MEP Infrastructure from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.9836 | -61.34% |
| 2021 | -2.54 | -77.99% |
| 2020 | -11.6 | -73.04% |
| 2019 | -42.9 | -460.42% |
| 2018 | 11.9 | -55.78% |
| 2017 | 26.9 | 307.45% |
| 2016 | 6.60 | -100.58% |
| 2015 | < -1000 |
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.