Mutares
MUX.DE
#6582
Rank
NZ$1.23 B
Marketcap
NZ$57.56
Share price
0.35%
Change (1 day)
37.35%
Change (1 year)

P/E ratio for Mutares (MUX.DE)

P/E ratio at the end of 2024: -1.20

According to Mutares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.67728. At the end of 2024 the company had a P/E ratio of -1.20.

P/E ratio history for Mutares from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-1.20-172.37%
20231.66-103.54%
2022-46.9-6857.04%
20210.6939-89.81%
20206.813.62%
20196.574.86%
20186.2789.5%
20173.31-12.66%
20163.79-79.93%
201518.983.88%
201410.3-341.16%
2013-4.25-184.5%
20125.03112.93%
20112.36

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.