MRC Global
MRC
#5079
Rank
$1.06 B
Marketcap
$12.57
Share price
0.08%
Change (1 day)
32.88%
Change (1 year)

P/E ratio for MRC Global (MRC)

P/E ratio as of March 2024 (TTM): 13.4

According to MRC Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3723. At the end of 2022 the company had a P/E ratio of 18.7.

P/E ratio history for MRC Global from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.7-224.88%
2021-15.0718.89%
2020-1.83-102.28%
201980.2267.39%
201821.8-63.86%
201760.4-431.07%
2016-18.3379.65%
2015-3.81-135.67%
201410.7-50.72%
201321.7-8.05%
201223.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.49-44.00%๐Ÿ‡บ๐Ÿ‡ธ USA
9.81-26.64%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-12.75%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9 3.74%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-4.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.7-299.35%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.