P/E ratio for Mercedes-Benz (MBG.DE)
P/E ratio as of June 2023 (TTM): 5.97
According to Mercedes-Benz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.97238. At the end of 2021 the company had a P/E ratio of 3.14.
P/E ratio history for Mercedes-Benz from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.14 | -81.56% |
| 2020 | 17.0 | -23.34% |
| 2019 | 22.2 | 233.21% |
| 2018 | 6.67 | -7.24% |
| 2017 | 7.20 | -18.91% |
| 2016 | 8.87 | -9.99% |
| 2015 | 9.86 | -6.95% |
| 2014 | 10.6 | 7.8% |
| 2013 | 9.83 | 31.73% |
| 2012 | 7.46 | 17.01% |
| 2011 | 6.38 | -46.21% |
| 2010 | 11.9 | -183.73% |
| 2009 | -14.2 | -174.65% |
| 2008 | 19.0 | 12.61% |
| 2007 | 16.8 | 13.61% |
| 2006 | 14.8 | -4.18% |
| 2005 | 15.5 | 6.9% |
| 2004 | 14.5 | -82.76% |
| 2003 | 84.0 | 1238.85% |
| 2002 | 6.27 | -108.57% |
| 2001 | -73.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 59.8 | 900.92% | 🇺🇸 USA |
 Volkswagen VOW3.DE | 3.75 | -37.14% | 🇩🇪 Germany |
 BMW BMW.DE | 3.62 | -39.47% | 🇩🇪 Germany |
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.