Meier Tobler Group
MTG.SW
#7264
Rank
C$0.47 B
Marketcap
$42.50
Share price
1.13%
Change (1 day)
-16.96%
Change (1 year)

P/E ratio for Meier Tobler Group (MTG.SW)

P/E ratio at the end of 2023: 15.0

According to Meier Tobler Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6974. At the end of 2023 the company had a P/E ratio of 15.0.

P/E ratio history for Meier Tobler Group from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202315.0-10.02%
202216.616.03%
202114.3-63.4%
202039.1-29.18%
201955.2-352.76%
2018-21.9-85.33%
2017-149-816.46%
201620.8-34.64%
201531.8892.02%
20143.21-18.56%
20133.94-59.92%
20129.838.84%
20119.03-15.58%
201010.71.62%
200910.5-34.85%
200816.244.98%
200711.13.94%
200610.7-1.28%
200510.9-167.16%
2004-16.2-15.38%
2003-19.1

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.