MoneyGram
MGI
#4587
Rank
$1.01 B
Marketcap
$10.49
Share price
-0.29%
Change (1 day)
-0.94%
Change (1 year)

P/E ratio for MoneyGram (MGI)

P/E ratio as of March 2023 (TTM): 30.0

According to MoneyGram's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9714. At the end of 2021 the company had a P/E ratio of -17.9.

P/E ratio history for MoneyGram from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-17.9-63.94%
2020-49.71983.81%
2019-2.39-57.05%
2018-5.56-80.19%
2017-28.0-161.74%
201645.4-998.32%
2015-5.06-158.96%
20148.58-69.87%
201328.5-249.93%
2012-19.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.8 2.82%๐Ÿ‡บ๐Ÿ‡ธ USA
34.6 15.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.2-167.47%๐Ÿ‡บ๐Ÿ‡ธ USA
38.1 27.06%๐Ÿ‡บ๐Ÿ‡ธ USA
221 638.33%๐Ÿ‡บ๐Ÿ‡ธ USA
4.68-84.38%๐Ÿ‡บ๐Ÿ‡ธ USA
38.7 29.09%๐Ÿ‡บ๐Ÿ‡ธ USA
1.49-95.03%๐Ÿ‡จ๐Ÿ‡พ Cyprus
23.6-21.23%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-54.59%๐Ÿ‡บ๐Ÿ‡ธ 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.