MacroGenics
MGNX
#7532
Rank
A$0.41 B
Marketcap
$6.61
Share price
-2.47%
Change (1 day)
-34.32%
Change (1 year)

P/E ratio for MacroGenics (MGNX)

P/E ratio as of November 2024 (TTM): 33.5

According to MacroGenics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.4615. At the end of 2022 the company had a P/E ratio of -3.46.

P/E ratio history for MacroGenics from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.46-27.38%
2021-4.76-48.12%
2020-9.18167.49%
2019-3.4314.59%
2018-3.00-91.49%
2017-35.2189.19%
2016-12.2-78.79%
2015-57.4127.31%
2014-25.2-95.02%
2013-507

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-11.0-132.99%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4-57.07%๐Ÿ‡บ๐Ÿ‡ธ USA
56.5 68.84%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0-34.26%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0-31.30%๐Ÿ‡บ๐Ÿ‡ธ USA
153 357.71%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-59.24%๐Ÿ‡บ๐Ÿ‡ธ USA

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.