According to Morguard's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.22652. At the end of 2022 the company had a P/E ratio of 10.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.2 | 67.66% |
2021 | 6.06 | -146.39% |
2020 | -13.1 | -207.79% |
2019 | 12.1 | 92.7% |
2018 | 6.30 | -8.46% |
2017 | 6.88 | -43.43% |
2016 | 12.2 | -39.58% |
2015 | 20.1 | 46.88% |
2014 | 13.7 | 147.45% |
2013 | 5.54 | 46.61% |
2012 | 3.78 | 10.59% |
2011 | 3.41 | 2.85% |
2010 | 3.32 | -78.36% |
2009 | 15.3 | 214.05% |
2008 | 4.88 | -81.38% |
2007 | 26.2 | 150.95% |
2006 | 10.5 | -49.1% |
2005 | 20.5 | -8.52% |
2004 | 22.5 | -114.67% |
2003 | -153 | -2326.52% |
2002 | 6.88 |
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.