Mutares
MUX.DE
#6659
Rank
$0.53 B
Marketcap
$24.83
Share price
-1.24%
Change (1 day)
-35.94%
Change (1 year)

P/E ratio for Mutares (MUX.DE)

P/E ratio at the end of 2023: 1.86

According to Mutares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.17652. At the end of 2023 the company had a P/E ratio of 1.86.

P/E ratio history for Mutares from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20231.86-103.4%
2022-54.5-6537.56%
20210.8473-90.39%
20208.82-5%
20199.28-4.57%
20189.7373.3%
20175.61-14.84%
20166.59-80.69%
201534.175.47%
201419.5-315.71%
2013-9.02-176.84%
201211.7108.24%
20115.64

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.