Mytilineos
MYTIL.AT
#2555
Rank
$5.32 B
Marketcap
$38.50
Share price
-2.08%
Change (1 day)
15.91%
Change (1 year)

P/E ratio for Mytilineos (MYTIL.AT)

P/E ratio as of June 2024 (TTM): 90.4

According to Mytilineos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 90.4057. At the end of 2014 the company had a P/E ratio of 8.43.

P/E ratio history for Mytilineos from 2009 to 2015

PE ratio at the end of each year

Year P/E ratio Change
20148.43-79.24%
201340.661.78%
201225.1209.13%
20118.126.52%
20107.62-81.22%
200940.6

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.