P/E ratio for Metcash (MTS.AX)
P/E ratio at the end of 2022: 19.2
According to Metcash's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 19.2.
P/E ratio history for Metcash from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.2 | 23.17% |
| 2021 | 15.6 | -139.21% |
| 2020 | -39.7 | -391.62% |
| 2019 | 13.6 | -158.15% |
| 2018 | -23.4 | -291.25% |
| 2017 | 12.2 | 61.97% |
| 2016 | 7.55 | -339.01% |
| 2015 | -3.16 | -121.99% |
| 2014 | 14.4 | -15.79% |
| 2013 | 17.1 | -50.36% |
| 2012 | 34.4 | 166.47% |
| 2011 | 12.9 | -5.93% |
| 2010 | 13.7 | -11.86% |
| 2009 | 15.6 | -2.07% |
| 2008 | 15.9 | -32.69% |
| 2007 | 23.6 | -30.88% |
| 2006 | 34.2 | 73.6% |
| 2005 | 19.7 | 27.24% |
| 2004 | 15.5 | -6.63% |
| 2003 | 16.6 | -40.38% |
| 2002 | 27.8 | 164.14% |
| 2001 | 10.5 |
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.