Montrose Environmental
MEG
#6462
Rank
โ‚ฌ0.55 B
Marketcap
16,12ย โ‚ฌ
Share price
-0.17%
Change (1 day)
-56.47%
Change (1 year)

P/E ratio for Montrose Environmental (MEG)

P/E ratio as of March 2025 (TTM): -9.54

According to Montrose Environmental's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.54348. At the end of 2022 the company had a P/E ratio of -27.4.

P/E ratio history for Montrose Environmental from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-27.4-37.82%
2021-44.1617.72%
2020-6.14

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.2831-97.03%๐Ÿ‡บ๐Ÿ‡ธ USA
44.8-569.18%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-213.67%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9-318.88%๐Ÿ‡บ๐Ÿ‡ธ USA
9.10-195.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.3 228.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.08-46.74%๐Ÿ‡บ๐Ÿ‡ธ USA
1.74-118.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.8 97.24%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.