Macfarlane Group
MACF.L
#7829
Rank
A$0.34 B
Marketcap
$2.14
Share price
-1.36%
Change (1 day)
1.75%
Change (1 year)

P/E ratio for Macfarlane Group (MACF.L)

P/E ratio at the end of 2023: 12.6

According to Macfarlane Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1136.16. At the end of 2023 the company had a P/E ratio of 12.6.

P/E ratio history for Macfarlane Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.611.92%
202211.2-30.65%
202116.227.24%
202012.7-25.52%
201917.124.23%
201813.8-3.4%
201714.24.11%
201613.720.8%
201511.341.29%
20148.01-9.49%
20138.8545.97%
20126.0718.72%
20115.11-47.36%
20109.7122.16%
20097.95-18.76%
20089.78-17.61%
200711.97.38%
200611.133.56%
20058.28-108.61%
2004-96.17113.89%
2003-1.33-83.95%
2002-8.31-55.85%
2001-18.8

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.