P/E ratio for Merlin Properties (MRL.MC)
P/E ratio as of April 2024 (TTM): -14.1
According to Merlin Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.1457. At the end of 2022 the company had a P/E ratio of 15.7.
P/E ratio history for Merlin Properties from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.7 | 80.11% |
| 2021 | 8.70 | -86.58% |
| 2020 | 64.8 | 513.36% |
| 2019 | 10.6 | 79.36% |
| 2018 | 5.89 | 22.56% |
| 2017 | 4.81 | -24.59% |
| 2016 | 6.38 | -78.66% |
| 2015 | 29.9 | 26.04% |
| 2014 | 23.7 |
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.