Mersen
MRN.PA
#6760
Rank
โ‚ฌ0.42 B
Marketcap
17,76ย โ‚ฌ
Share price
0.23%
Change (1 day)
-48.07%
Change (1 year)

P/E ratio for Mersen (MRN.PA)

P/E ratio at the end of 2023: 9.94

According to Mersen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.26703. At the end of 2023 the company had a P/E ratio of 9.94.

P/E ratio history for Mersen from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.94-15.3%
202211.7-13.94%
202113.6-135.32%
2020-38.6-419.69%
201912.148.15%
20188.15-56.13%
201718.6-92.08%
2016235-4.63%
201524636.65%
2014180-1391.23%
2013-13.9-124.6%
201256.7716.11%
20116.94-52.39%
201014.6-33.45%
200921.9248.42%
20086.29-80.74%
200732.7133.9%
200614.0-37.27%
200522.332.04%
200416.9-325.08%
2003-7.49

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.