MISTRAS Group
MG
#7085
Rank
NZ$0.98 B
Marketcap
NZ$31.03
Share price
5.38%
Change (1 day)
142.84%
Change (1 year)

P/E ratio for MISTRAS Group (MG)

P/E ratio as of May 2026 (TTM): 30.9

According to MISTRAS Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.8644. At the end of 2024 the company had a P/E ratio of 14.6.

P/E ratio history for MISTRAS Group from 2009 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202414.6-215.79%
2023-12.6-153.76%
202223.5-59.93%
202158.6-2689.44%
2020-2.26-103.33%
201968.08.69%
201862.5-121.31%
2017-293
201524.5
201344.4
201134.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Corning
GLW
93.0 201.23%๐Ÿ‡บ๐Ÿ‡ธ USA
General Dynamics
GD
21.4-30.64%๐Ÿ‡บ๐Ÿ‡ธ USA
General Electric
GE
38.4 24.41%๐Ÿ‡บ๐Ÿ‡ธ USA
Exxon Mobil
XOM
25.3-18.15%๐Ÿ‡บ๐Ÿ‡ธ USA
Chevron
CVX
31.9 3.36%๐Ÿ‡บ๐Ÿ‡ธ USA
Honeywell
HON
32.7 6.04%๐Ÿ‡บ๐Ÿ‡ธ USA
Dupont De Nemours
DD
-824-2,770.82%๐Ÿ‡บ๐Ÿ‡ธ USA
Exponent
EXPO
26.8-13.32%๐Ÿ‡บ๐Ÿ‡ธ USA
Team Inc
TISI
-1.38-104.48%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.