Reason: Acquired by Madison Dearborn
Last recorded trade on: August 3, 2023
Source: https://www.bloomberg.com/news/articles/2022-02-15/moneygram-to-be-bought-by-madison-dearborn-for-about-1-billion
P/E ratio for MoneyGram (MGI)
P/E ratio on August 3, 2023 (TTM): 31.4
According to MoneyGram's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.4. At the end of 2022 the company had a P/E ratio of 31.1.
P/E ratio history for MoneyGram from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.1 | -273.51% |
| 2021 | -17.9 | -63.91% |
| 2020 | -49.7 | 1981.9% |
| 2019 | -2.39 | -57.05% |
| 2018 | -5.56 | -80.19% |
| 2017 | -28.0 | -161.74% |
| 2016 | 45.4 | -998.32% |
| 2015 | -5.06 | -158.96% |
| 2014 | 8.58 | -69.87% |
| 2013 | 28.5 | -249.93% |
| 2012 | -19.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 4.88 | -84.46% | 🇺🇸 USA |
 | 16.4 | -47.81% | 🇺🇸 USA |
 | 8.35 | -73.40% | 🇺🇸 USA |
 | 44.2 | 40.80% | 🇺🇸 USA |
 | 19.2 | -38.71% | 🇺🇸 USA |
 | 0.6695 | -97.87% | 🇨🇾 Cyprus |
 | 26.4 | -16.06% | 🇺🇸 USA |
 | 38.6 | 22.82% | 🇺🇸 USA |
 | 20.2 | -35.67% | 🇺🇸 USA |
 | -1.92 | -106.12% | 🇺🇸 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.