P/E ratio for Mimecast (MIME)
P/E ratio at the end of 2021: 85.2
According to Mimecast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 170.043. At the end of 2021 the company had a P/E ratio of 85.2.
P/E ratio history for Mimecast from 2016 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 85.2 | -109.6% |
| 2020 | -888 | 125.56% |
| 2019 | -394 | 144.39% |
| 2018 | -161 | -25.82% |
| 2017 | -217 | 73.68% |
| 2016 | -125 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | -127.16% | 🇺🇸 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.