Merck KGaA
MRK.DE
#252
Rank
$73.16 B
Marketcap
$168.28
Share price
0.59%
Change (1 day)
0.30%
Change (1 year)

P/E ratio for Merck KGaA (MRK.DE)

P/E ratio as of July 2024 (TTM): 22.6

According to Merck KGaA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5668. At the end of 2022 the company had a P/E ratio of 23.7.

P/E ratio history for Merck KGaA from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.7-26.67%
202132.35.14%
202030.7-11.67%
201934.8198.53%
201811.6-22.27%
201715.0-43.33%
201626.4-24.14%
201534.918.22%
201429.525.39%
201323.5-39.78%
201239.041.9%
201127.533.76%
201020.6-46.97%
200938.8

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.