P/E ratio for Marsh & McLennan Companies (MMC)
P/E ratio as of May 2024 (TTM): 29.8
According to Marsh & McLennan Companies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8345. At the end of 2022 the company had a P/E ratio of 27.1.
P/E ratio history for Marsh & McLennan Companies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.1 | -3.39% |
| 2021 | 28.1 | -4.48% |
| 2020 | 29.4 | -8.97% |
| 2019 | 32.3 | 32.01% |
| 2018 | 24.5 | -12.53% |
| 2017 | 28.0 | 41.11% |
| 2016 | 19.8 | 7.24% |
| 2015 | 18.5 | -13.46% |
| 2014 | 21.4 | 9.09% |
| 2013 | 19.6 | 22.69% |
| 2012 | 16.0 | -8.65% |
| 2011 | 17.5 | -0.32% |
| 2010 | 17.5 | -65.87% |
| 2009 | 51.3 | -125.39% |
| 2008 | -202 | -3660.58% |
| 2007 | 5.68 | -66.65% |
| 2006 | 17.0 | -59.78% |
| 2005 | 42.3 | -57.52% |
| 2004 | 99.7 | 501.64% |
| 2003 | 16.6 | -9.45% |
| 2002 | 18.3 | -39.71% |
| 2001 | 30.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aon AON | 22.0 | -26.13% | 🇬🇧 UK |
 Verisk Analytics VRSK | 73.7 | 147.19% | 🇺🇸 USA |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Arch Capital ACGL | 12.4 | -58.39% | 🇧🇲 Bermuda |
 AXIS Capital
AXS | 11.2 | -62.47% | 🇧🇲 Bermuda |
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.