P/E ratio for Movado (MOV)
P/E ratio as of May 2024 (TTM): 8.47
According to Movado's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46582. At the end of 2022 the company had a P/E ratio of 7.07.
P/E ratio history for Movado from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.07 | -33.94% |
| 2021 | 10.7 | -484.53% |
| 2020 | -2.78 | -131.49% |
| 2019 | 8.84 | -87.97% |
| 2018 | 73.5 | 135.22% |
| 2017 | 31.3 | 77.24% |
| 2016 | 17.6 | 36.52% |
| 2015 | 12.9 | -12.11% |
| 2014 | 14.7 | -32.53% |
| 2013 | 21.8 | 66.17% |
| 2012 | 13.1 | -128.86% |
| 2011 | -45.4 | 355.61% |
| 2010 | -9.97 | 124.64% |
| 2009 | -4.44 | -183.66% |
| 2008 | 5.31 | -55.53% |
| 2007 | 11.9 | -37.89% |
| 2006 | 19.2 | 28.04% |
| 2005 | 15.0 | -16.35% |
| 2004 | 17.9 | 17.52% |
| 2003 | 15.3 | 31.42% |
| 2002 | 11.6 | -17.75% |
| 2001 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Geospace Technologies
GEOS | -348 | -4,210.65% | 🇺🇸 USA |
 Nevro
NVRO | -3.42 | -140.43% | 🇺🇸 USA |
 Guess GES | 9.92 | 17.23% | 🇺🇸 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.