P/E ratio for Munich RE (Münchener Rück) (MUV2.DE)
P/E ratio as of September 2023 (TTM): 11.4
According to Munich RE (Münchener Rück)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.446. At the end of 2021 the company had a P/E ratio of 12.4.
P/E ratio history for Munich RE (Münchener Rück) from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.4 | -55.77% |
| 2020 | 28.1 | 102.93% |
| 2019 | 13.9 | 14.28% |
| 2018 | 12.1 | -83.62% |
| 2017 | 74.1 | 565.11% |
| 2016 | 11.1 | 13.04% |
| 2015 | 9.85 | 8.85% |
| 2014 | 9.05 | 4.57% |
| 2013 | 8.66 | 11.94% |
| 2012 | 7.73 | -67.85% |
| 2011 | 24.1 | 176.92% |
| 2010 | 8.69 | 3.52% |
| 2009 | 8.39 | -43.45% |
| 2008 | 14.8 | 100.08% |
| 2007 | 7.42 | -14.02% |
| 2006 | 8.63 | -11.77% |
| 2005 | 9.78 | -13.43% |
| 2004 | 11.3 | -126.43% |
| 2003 | -42.7 |
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.