P/E ratio for Methanex (MEOH)
P/E ratio as of April 2024 (TTM): 18.1
According to Methanex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1372. At the end of 2022 the company had a P/E ratio of 7.70.
P/E ratio history for Methanex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.70 | 23.74% |
| 2021 | 6.22 | -127.67% |
| 2020 | -22.5 | -166.33% |
| 2019 | 33.9 | 397.35% |
| 2018 | 6.81 | -59.27% |
| 2017 | 16.7 | -104.96% |
| 2016 | -337 | -2355.68% |
| 2015 | 14.9 | 56.11% |
| 2014 | 9.57 | -44.28% |
| 2013 | 17.2 | -138.79% |
| 2012 | -44.3 | -520.91% |
| 2011 | 10.5 | -64.02% |
| 2010 | 29.2 | -98.5% |
| 2009 | > 1000 | 30591.55% |
| 2008 | 6.35 | -15.56% |
| 2007 | 7.52 | 17.7% |
| 2006 | 6.39 | -52.61% |
| 2005 | 13.5 | 44.71% |
| 2004 | 9.32 | -95.02% |
| 2003 | 187 | 391.37% |
| 2002 | 38.1 | 223.15% |
| 2001 | 11.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | 4.57 | -74.78% | 🇬🇧 UK |
 Balchem BCPC | 43.1 | 137.79% | 🇺🇸 USA |
 Stepan Company
SCL | 36.5 | 101.08% | 🇺🇸 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.