P/E ratio for Morningstar (MORN)
P/E ratio as of March 2025 (TTM): 178
According to Morningstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 177.629. At the end of 2022 the company had a P/E ratio of 131.
P/E ratio history for Morningstar from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 131 | 72.72% |
| 2021 | 76.0 | 71.64% |
| 2020 | 44.3 | 4.17% |
| 2019 | 42.5 | 66% |
| 2018 | 25.6 | -15.51% |
| 2017 | 30.3 | 54.07% |
| 2016 | 19.7 | -26.37% |
| 2015 | 26.7 | -27.75% |
| 2014 | 37.0 | 26.43% |
| 2013 | 29.2 | 3.81% |
| 2012 | 28.2 | -7.11% |
| 2011 | 30.3 | 4.57% |
| 2010 | 29.0 | 2.61% |
| 2009 | 28.3 | 60.06% |
| 2008 | 17.7 | -61.16% |
| 2007 | 45.5 | 27.17% |
| 2006 | 35.8 | -19.49% |
| 2005 | 44.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -32.5 | -118.32% | 🇺🇸 USA |
 | 47.3 | -73.35% | 🇺🇸 USA |
 | 34.4 | -80.64% | 🇨🇦 Canada |
 | 35.8 | -79.85% | 🇺🇸 USA |
 | 18.8 | -89.44% | 🇺🇸 USA |
 | -145 | -181.63% | 🇺🇸 USA |
 | 55.9 | -68.55% | 🇺🇸 USA |
 | 23.9 | -86.52% | 🇺🇸 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.