MMA Offshore
MRM.AX
#6312
Rank
S$0.89 B
Marketcap
$2.26
Share price
0.00%
Change (1 day)
9.39%
Change (1 year)

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

P/E ratio at the end of 2023: 3.13

According to MMA Offshore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.34518. At the end of 2023 the company had a P/E ratio of 3.13.

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

PE ratio at the end of each year

Year P/E ratio Change
20233.13-46.84%
20225.89-85.17%
202139.7-6922.62%
2020-0.5823-84.35%
2019-3.72-29.85%
2018-5.304110.68%
2017-0.1260-80.85%
2016-0.6579-79.27%
2015-3.17-143.03%
20147.37-17.97%
20138.9920.89%
20127.43-14.55%
20118.70-5.63%
20109.22-6.44%
20099.8517.54%
20088.38-47.26%
200715.9116.03%
20067.36-52.77%
200515.6105.67%
20047.58-645.18%
2003-1.39-100.46%
20023041952.15%
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.