Mercedes-Benz
MBG.DE
#302
Rank
S$85.66 B
Marketcap
$80.07
Share price
0.45%
Change (1 day)
-3.67%
Change (1 year)

P/E ratio for Mercedes-Benz (MBG.DE)

P/E ratio as of November 2024 (TTM): 3.96

According to Mercedes-Benz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.95543. At the end of 2022 the company had a P/E ratio of 4.53.

P/E ratio history for Mercedes-Benz from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.5344.14%
20213.14-77.83%
202014.2-23%
201918.4231.23%
20185.56-9.28%
20176.13-16.97%
20167.38-10.1%
20158.21-6.69%
20148.807.63%
20138.1738.89%
20125.8910.99%
20115.30-46.46%
20109.90-185.72%
2009-11.6-146.66%
200824.856.24%
200715.849.06%
200610.620.64%
20058.81-28%
200412.2-82.34%
200369.31336.84%
20024.82-106.24%
2001-77.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
72.7 1,737.94%๐Ÿ‡บ๐Ÿ‡ธ USA
4.29 8.46%๐Ÿ‡ฉ๐Ÿ‡ช Germany
3.19-19.34%๐Ÿ‡ฉ๐Ÿ‡ช Germany

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.