Morningstar
MORN
#1382
Rank
$12.29 B
Marketcap
$287.69
Share price
-1.46%
Change (1 day)
43.18%
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 May 2024 (TTM): 172

According to Morningstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 172.269. 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
202213172.72%
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%
201130.34.57%
201029.02.61%
200928.360.06%
200817.7-61.16%
200745.527.17%
200635.8-19.49%
200544.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.3-91.15%๐Ÿ‡บ๐Ÿ‡ธ USA
40.6-76.41%๐Ÿ‡บ๐Ÿ‡ธ USA
48.5-71.83%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-88.32%๐Ÿ‡บ๐Ÿ‡ธ USA
34.1-80.21%๐Ÿ‡บ๐Ÿ‡ธ USA
34.0-80.26%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-35.0-120.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-156-190.65%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.