Monolithic Power Systems
MPWR
#752
Rank
$23.58 B
Marketcap
$497.41
Share price
2.11%
Change (1 day)
6.72%
Change (1 year)
Monolithic Power Systems, Inc. or simply MPS is an American company that provides integrated circuits for systems used in cloud computing, telecommunications infrastructure, automotive, industrial, and consumer applications.

P/E ratio for Monolithic Power Systems (MPWR)

P/E ratio as of June 2023 (TTM): 49.9

According to Monolithic Power Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.8907. At the end of 2021 the company had a P/E ratio of 93.4.

P/E ratio history for Monolithic Power Systems from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202193.4-6.62%
202010041.65%
201970.651.31%
201846.7-34.76%
201771.613.56%
201663.0-11.96%
201571.632.4%
201454.1-3.29%
201355.915.42%
201248.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6-46.60%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.60-80.75%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0-21.93%๐Ÿ‡บ๐Ÿ‡ธ USA
44.5-10.71% Cayman Islands

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.