Meta Platforms (Facebook)
META
#7
Rank
$1.280 T
Marketcap
$502.30
Share price
2.48%
Change (1 day)
187.80%
Change (1 year)

P/E ratio for Meta Platforms (Facebook) (META)

P/E ratio as of March 2024 (TTM): 42.6

According to Meta Platforms (Facebook)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.62. At the end of 2022 the company had a P/E ratio of 14.0.

P/E ratio history for Meta Platforms (Facebook) from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.0-41.82%
202124.0-10.02%
202026.7-15.7%
201931.785.08%
201817.1-46.76%
201732.1-7.25%
201634.7-56.63%
201579.914.69%
201469.7-22.25%
201389.6-101.99%
2012< -1000

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.