MMA Offshore
MRM.AX
#6265
Rank
S$0.89 B
Marketcap
$2.27
Share price
0.00%
Change (1 day)
15.91%
Change (1 year)

P/E ratio for MMA Offshore (MRM.AX)

P/E ratio at the end of 2023: 3.12

According to MMA Offshore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.36428. At the end of 2023 the company had a P/E ratio of 3.12.

P/E ratio history for MMA Offshore from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20233.12-46.84%
20225.87-85.17%
202139.6-6922.62%
2020-0.5804-84.35%
2019-3.71-29.85%
2018-5.294110.68%
2017-0.1256-80.85%
2016-0.6557-79.27%
2015-3.16-143.03%
20147.35-17.97%
20138.9620.89%
20127.41-14.55%
20118.67-5.63%
20109.19-6.44%
20099.8217.54%
20088.36-47.26%
200715.8116.03%
20067.34-52.77%
200515.5105.67%
20047.55-645.18%
2003-1.39-100.46%
20023031952.15%
200114.8

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.