Mesaieed Petrochemical Holding Company
MPHC.QA
#2555
Rank
NZ$9.32 B
Marketcap
$0.73
Share price
1.74%
Change (1 day)
-8.91%
Change (1 year)

P/E ratio for Mesaieed Petrochemical Holding Company (MPHC.QA)

P/E ratio as of October 2024 (TTM): 15.6

According to Mesaieed Petrochemical Holding Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5604. At the end of 2022 the company had a P/E ratio of 15.1.

P/E ratio history for Mesaieed Petrochemical Holding Company from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.17.15%
202114.1-71.11%
202048.7220.35%
201915.212.36%
201813.5-7.54%
201714.6-26.76%
201620.0-10.32%
201522.38.09%
201420.6

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.