P/E ratio for MTU Aero Engines (MTX.DE)
P/E ratio as of April 2024 (TTM): 40.3
According to MTU Aero Engines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.2501. At the end of 2015 the company had a P/E ratio of 21.2.
P/E ratio history for MTU Aero Engines from 2009 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | 21.2 | 12.55% |
| 2014 | 18.8 | -13.93% |
| 2013 | 21.8 | 6.47% |
| 2012 | 20.5 | 35.2% |
| 2011 | 15.2 | -12.8% |
| 2010 | 17.4 | 31.61% |
| 2009 | 13.2 |
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.