Monro
MNRO
#5318
Rank
$0.83 B
Marketcap
$28.08
Share price
-6.12%
Change (1 day)
-41.95%
Change (1 year)

P/E ratio for Monro (MNRO)

P/E ratio as of April 2024 (TTM): 25.5

According to Monro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4574. At the end of 2022 the company had a P/E ratio of 31.5.

P/E ratio history for Monro from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.53.25%
202130.5-68.18%
202095.8189.02%
201933.117.6%
201828.2-16.11%
201733.619.2%
201628.2-13.01%
201532.47.49%
201430.1-13.92%
201335.044.44%
201224.26.22%
201122.8-5.01%
201024.010.98%
200921.64.4%
200820.724.1%
200716.7-26.7%
200622.824.03%
200518.44.59%
200417.614.39%
200315.439.01%
200211.01.42%
200110.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.9-49.49%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5-19.52%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8 9.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.69-126.29%๐Ÿ‡บ๐Ÿ‡ธ USA
6.64-73.94%๐Ÿ‡บ๐Ÿ‡ธ USA
6.82-73.19%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4-16.07%๐Ÿ‡บ๐Ÿ‡ธ USA
5.17-79.71%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.