P/E ratio for MTY Food Group (MTY.TO)
P/E ratio as of April 2024 (TTM): 12.6
According to MTY Food Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6099. At the end of 2022 the company had a P/E ratio of 18.7.
P/E ratio history for MTY Food Group from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.7 | 2.27% |
| 2021 | 18.2 | -147.52% |
| 2020 | -38.4 | -313.71% |
| 2019 | 18.0 | 21.12% |
| 2018 | 14.8 | -38.69% |
| 2017 | 24.2 | 29.61% |
| 2016 | 18.7 | -21.76% |
| 2015 | 23.8 | -6.63% |
| 2014 | 25.5 | -0.17% |
| 2013 | 25.6 | 32.22% |
| 2012 | 19.3 | 7.49% |
| 2011 | 18.0 | 2.5% |
| 2010 | 17.6 |
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.