Morguard
MRC.TO
#5175
Rank
$0.97 B
Marketcap
$89.92
Share price
0.03%
Change (1 day)
17.05%
Change (1 year)

P/E ratio for Morguard (MRC.TO)

P/E ratio as of March 2024 (TTM): -4.23

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.

P/E ratio history for Morguard from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.267.66%
20216.06-146.39%
2020-13.1-207.79%
201912.192.7%
20186.30-8.46%
20176.88-43.43%
201612.2-39.58%
201520.146.88%
201413.7147.45%
20135.5446.61%
20123.7810.59%
20113.412.85%
20103.32-78.36%
200915.3214.05%
20084.88-81.38%
200726.2150.95%
200610.5-49.1%
200520.5-8.52%
200422.5-114.67%
2003-153-2326.52%
20026.88

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.