P/E ratio for MISTRAS Group (MG)
P/E ratio as of April 2025 (TTM): 132
According to MISTRAS Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 132.25. At the end of 2022 the company had a P/E ratio of 23.5.
P/E ratio history for MISTRAS Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.5 | -59.93% |
| 2021 | 58.6 | -2689.44% |
| 2020 | -2.26 | -103.33% |
| 2019 | 68.0 | 8.69% |
| 2018 | 62.5 | -121.31% |
| 2017 | -293 | |
| 2015 | 24.5 | -9.21% |
| 2014 | 27.0 | -39.32% |
| 2013 | 44.4 | 52.94% |
| 2012 | 29.0 | -14.53% |
| 2011 | 34.0 | 26.06% |
| 2010 | 27.0 | -173.4% |
| 2009 | -36.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 23.4 | -82.30% | 🇺🇸 USA |
 | -0.6097 | -100.46% | 🇺🇸 USA |
 | 40.7 | -69.20% | 🇺🇸 USA |
 | 66.3 | -49.83% | 🇺🇸 USA |
 | 11.8 | -91.07% | 🇺🇸 USA |
 | 7.71 | -94.17% | 🇺🇸 USA |
 | 26.0 | -80.33% | 🇺🇸 USA |
 | 22.6 | -82.92% | 🇺🇸 USA |
 | 12.4 | -90.64% | 🇺🇸 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.