P/E ratio for Mercer International (MERC)
P/E ratio as of May 2024 (TTM): -16.3
According to Mercer International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.254. At the end of 2022 the company had a P/E ratio of 3.11.
P/E ratio history for Mercer International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.11 | -32.77% |
| 2021 | 4.63 | -112.19% |
| 2020 | -38.0 | -56.79% |
| 2019 | -87.9 | -1757.84% |
| 2018 | 5.30 | -59.61% |
| 2017 | 13.1 | -33.48% |
| 2016 | 19.7 | 154.97% |
| 2015 | 7.74 | 14.55% |
| 2014 | 6.75 | -131.83% |
| 2013 | -21.2 | -20.99% |
| 2012 | -26.8 | -775.83% |
| 2011 | 3.97 | 46.21% |
| 2010 | 2.72 | -299.97% |
| 2009 | -1.36 | 95.79% |
| 2008 | -0.6939 | -107.93% |
| 2007 | 8.75 | 83.11% |
| 2006 | 4.78 | -370.98% |
| 2005 | -1.76 | -125.53% |
| 2004 | 6.91 | -124.99% |
| 2003 | -27.6 | 87.52% |
| 2002 | -14.7 | -66.55% |
| 2001 | -44.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Resolute Forest Products RFP | 3.98 | -124.48% | 🇨🇦 Canada |
 Domtar UFS | N/A | N/A | 🇺🇸 USA |
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.