Movida Participações
MOVI3.SA
#6944
Rank
NZ$0.73 B
Marketcap
$2.06
Share price
4.80%
Change (1 day)
-44.69%
Change (1 year)

P/E ratio for Movida Participações (MOVI3.SA)

P/E ratio as of November 2024 (TTM): 90.7

According to Movida Participações's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 90.6618. At the end of 2022 the company had a P/E ratio of 4.96.

P/E ratio history for Movida Participações from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.96-20.8%
20216.27-88.9%
202056.5142.63%
201923.389.17%
201812.3-43.73%
201721.9

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.