P/E ratio for MTN Group (MTN.JO)
P/E ratio at the end of 2022: 10.9
According to MTN Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for MTN Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | -44.94% |
| 2021 | 19.7 | 285.69% |
| 2020 | 5.12 | -59.37% |
| 2019 | 12.6 | -9.95% |
| 2018 | 14.0 | -62.2% |
| 2017 | 37.0 | -156.84% |
| 2016 | -65.1 | -719.57% |
| 2015 | 10.5 | 32.83% |
| 2014 | 7.91 | -5.19% |
| 2013 | 8.35 | 15.45% |
| 2012 | 7.23 | 28.98% |
| 2011 | 5.61 | -9.67% |
| 2010 | 6.21 | 5.9% |
| 2009 | 5.86 | -13.08% |
| 2008 | 6.74 | -20.58% |
| 2007 | 8.49 | 59.05% |
| 2006 | 5.34 | -11.3% |
| 2005 | 6.02 | 21.26% |
| 2004 | 4.96 | -50.45% |
| 2003 | 10.0 | -72.2% |
| 2002 | 36.0 |
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.