P/E ratio for Mesa Laboratories (MLAB)

P/E ratio history for Mesa Laboratories from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Thermo Fisher Scientific TMO	33.2	-90.78%	🇺🇸 USA
Ametek AME	31.1	-91.36%	🇺🇸 USA
Bruker BRKR	20.7	-94.24%	🇺🇸 USA
3M MMM	-11.0	-103.04%	🇺🇸 USA
Steris STE	181	-49.73%	🇮🇪 Ireland
AngioDynamics ANGO	57.0	-84.16%	🇺🇸 USA
Danaher DHR	25.4	-92.93%	🇺🇸 USA
Rockwell Medical RMTI	-1.85	-100.51%	🇺🇸 USA
General Electric GE	22.5	-93.74%	🇺🇸 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.