P/E ratio for Mercedes-Benz (MBG.DE)
P/E ratio as of April 2024 (TTM): 5.15
According to Mercedes-Benz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.1453. At the end of 2022 the company had a P/E ratio of 4.53.
P/E ratio history for Mercedes-Benz from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.53 | 44.14% |
| 2021 | 3.14 | -81.56% |
| 2020 | 17.0 | -23% |
| 2019 | 22.1 | 231.23% |
| 2018 | 6.68 | -9.28% |
| 2017 | 7.37 | -16.97% |
| 2016 | 8.87 | -10.1% |
| 2015 | 9.87 | -6.69% |
| 2014 | 10.6 | 7.63% |
| 2013 | 9.83 | 38.89% |
| 2012 | 7.08 | 10.99% |
| 2011 | 6.38 | -46.46% |
| 2010 | 11.9 | -185.72% |
| 2009 | -13.9 | -146.66% |
| 2008 | 29.8 | 56.24% |
| 2007 | 19.1 | 49.06% |
| 2006 | 12.8 | 20.64% |
| 2005 | 10.6 | -28% |
| 2004 | 14.7 | -82.34% |
| 2003 | 83.3 | 1336.84% |
| 2002 | 5.80 | -106.24% |
| 2001 | -92.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 49.9 | 869.94% | 🇺🇸 USA |
 Volkswagen VOW3.DE | 4.26 | -17.26% | 🇩🇪 Germany |
 BMW BMW.DE | 6.12 | 19.00% | 🇩🇪 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.