Merit Medical
MMSI
#2721
Rank
$4.73 B
Marketcap
$81.51
Share price
0.21%
Change (1 day)
-1.69%
Change (1 year)
Categories

P/E ratio for Merit Medical (MMSI)

P/E ratio as of June 2024 (TTM): 46.8

According to Merit Medical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.8448. At the end of 2022 the company had a P/E ratio of 53.9.

P/E ratio history for Merit Medical from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202253.9-25.58%
202172.4-122.19%
2020-327-194.13%
2019347397.24%
201869.8-4.72%
201773.224.34%
201658.971.06%
201534.47.27%
201432.1-20.48%
201340.436.47%
201229.634.83%
201121.9-39.38%
201036.271.14%
200921.1-10.38%
200823.6-3.26%
200724.4-30.72%
200635.271.07%
200520.6-8.43%
200422.5-33.05%
200333.636.89%
200224.5-13.11%
200128.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.5-77.60%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5-37.08%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
93.9 100.45%๐Ÿ‡บ๐Ÿ‡ธ USA
37.8-19.30%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-49.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-59.7-227.40%๐Ÿ‡บ๐Ÿ‡ธ USA
37.0-21.02%๐Ÿ‡บ๐Ÿ‡ธ 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.