Melexis NV
MELE.BR
#4000
Rank
NZ$4.14 B
Marketcap
$102.49
Share price
0.27%
Change (1 day)
-36.32%
Change (1 year)

P/E ratio for Melexis NV (MELE.BR)

P/E ratio as of December 2024 (TTM): 10.3

According to Melexis NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.273. At the end of 2022 the company had a P/E ratio of 16.6.

P/E ratio history for Melexis NV from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.6-48.53%
202132.2-30.99%
202046.73.83%
201945.0151.96%
201817.9-41.79%
201730.714.72%
201626.728.63%
201520.816.43%
201417.95.54%
201316.960.35%
201210.67.86%
20119.78-17.99%
201011.9-116.36%
2009-72.9

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.