Marston's
MARS.L
#7269
Rank
NZ$0.64 B
Marketcap
$1.01
Share price
3.88%
Change (1 day)
51.86%
Change (1 year)

P/E ratio for Marston's (MARS.L)

P/E ratio at the end of 2023: -21.1

According to Marston's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3123.13. At the end of 2023 the company had a P/E ratio of -21.1.

P/E ratio history for Marston's from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-21.1-1270.06%
20221.80-41.24%
20213.07-509.07%
2020-0.7498-98.37%
2019-46.1-441.25%
201813.586.23%
20177.25-35.52%
201611.2-62.53%
201530.0-452.5%
2014-8.52-215.21%
20137.39-288.33%
2012-3.92-162.8%
20116.25-31.24%
20109.09-55.57%
200920.5203.56%
20086.74-12.44%
20077.70-81.23%
200641.0148.28%
200516.578.84%
20049.24-10.21%
200310.310.89%
20029.28-107.57%
2001-123

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.