Methanex
MEOH
#3710
Rank
NZ$4.69 B
Marketcap
$69.65
Share price
7.36%
Change (1 day)
-0.68%
Change (1 year)

P/E ratio for Methanex (MEOH)

P/E ratio as of November 2024 (TTM): 15.7

According to Methanex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7293. At the end of 2022 the company had a P/E ratio of 7.70.

P/E ratio history for Methanex from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.7023.74%
20216.22-127.67%
2020-22.5-166.33%
201933.9397.35%
20186.81-59.27%
201716.7-104.96%
2016-337-2355.68%
201514.956.11%
20149.57-44.28%
201317.2-138.79%
2012-44.3-520.91%
201110.5-64.02%
201029.2-98.5%
2009> 100030591.55%
20086.35-15.56%
20077.5217.7%
20066.39-52.61%
200513.544.71%
20049.32-95.02%
2003187391.37%
200238.1223.15%
200111.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.51-77.68%๐Ÿ‡ฌ๐Ÿ‡ง UK
34.5 119.03%๐Ÿ‡บ๐Ÿ‡ธ USA
54.8 248.12%๐Ÿ‡บ๐Ÿ‡ธ USA

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.