Morningstar
MORN
#1496
Rank
$10.24 B
Marketcap
$241.44
Share price
1.93%
Change (1 day)
-8.53%
Change (1 year)
Morningstar Inc. is a financial information and analytics company. The company provides data on approx. 500,000 stocks, investment funds and other securities.

P/E ratio for Morningstar (MORN)

P/E ratio as of January 2023 (TTM): 83.8

According to Morningstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 83.8333. At the end of 2021 the company had a P/E ratio of 76.0.

P/E ratio history for Morningstar from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202176.071.64%
202044.34.17%
201942.566%
201825.6-15.51%
201730.354.07%
201619.7-26.37%
201526.7-27.75%
201437.026.43%
201329.23.81%
201228.2-7.11%
201130.3
201030.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.8-81.14%๐Ÿ‡บ๐Ÿ‡ธ USA
49.8-40.60%๐Ÿ‡บ๐Ÿ‡ธ USA
38.0-54.73%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2-73.52%๐Ÿ‡บ๐Ÿ‡ธ USA
38.0-54.69%๐Ÿ‡บ๐Ÿ‡ธ USA
60.8-27.43%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-74.6-188.93%๐Ÿ‡บ๐Ÿ‡ธ USA
-170-302.74%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.