Mowi
MNHVF
#1704
Rank
$9.52 B
Marketcap
$18.41
Share price
-0.89%
Change (1 day)
8.29%
Change (1 year)
Categories

P/E ratio for Mowi (MNHVF)

P/E ratio as of March 2024 (TTM): 23.1

According to Mowi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1017. At the end of 2022 the company had a P/E ratio of 10.4.

P/E ratio history for Mowi from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.4-51.54%
202121.5-72.51%
202078.4209.34%
201925.352.89%
201816.610.66%
201715.09.47%
201613.7-63.04%
201537.0-2.46%
201437.9244.35%
201311.0-75.51%
201245.0538.86%
20117.04-4.59%
20107.38-35.76%
200911.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.71-62.31%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-43.48%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6-2.23%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.