P/E ratio for Mr Price Group (MRP.JO)
P/E ratio at the end of 2022: 12.7
According to Mr Price Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0146. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for Mr Price Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | -15.74% |
| 2021 | 15.0 | 49.82% |
| 2020 | 10.0 | -22.71% |
| 2019 | 13.0 | -22.06% |
| 2018 | 16.7 | 22.19% |
| 2017 | 13.6 | 1.69% |
| 2016 | 13.4 | -26.55% |
| 2015 | 18.3 | 53.11% |
| 2014 | 11.9 | 30.16% |
| 2013 | 9.16 | 19.99% |
| 2012 | 7.63 | 40.06% |
| 2011 | 5.45 | -3.85% |
| 2010 | 5.67 | 11.48% |
| 2009 | 5.08 | 38.27% |
| 2008 | 3.68 | -38.71% |
| 2007 | 6.00 | 35.41% |
| 2006 | 4.43 | 29.76% |
| 2005 | 3.41 | 10.6% |
| 2004 | 3.09 | -52.63% |
| 2003 | 6.52 | -11.46% |
| 2002 | 7.36 |
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.