P/E ratio for MISTRAS Group (MG)

P/E ratio history for MISTRAS Group from 2009 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
General Electric GE	20.6	-81.67%	🇺🇸 USA
Team Inc TISI	-0.5178	-100.46%	🇺🇸 USA
Exponent EXPO	49.0	-56.36%	🇺🇸 USA
Corning GLW	67.7	-39.72%	🇺🇸 USA
Exxon Mobil XOM	11.9	-89.42%	🇺🇸 USA
Dupont De Nemours DD	8.45	-92.48%	🇺🇸 USA
Honeywell HON	28.1	-74.97%	🇺🇸 USA
General Dynamics GD	23.8	-78.86%	🇺🇸 USA
Chevron CVX	11.9	-89.38%	🇺🇸 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.