Montrose Environmental
MEG
#6022
Rank
HK$5.85 B
Marketcap
HK$170.84
Share price
0.92%
Change (1 day)
-14.57%
Change (1 year)

P/E ratio for Montrose Environmental (MEG)

P/E ratio as of November 2024 (TTM): -11.9

According to Montrose Environmental's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.9348. 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
-0.2776-97.67%๐Ÿ‡บ๐Ÿ‡ธ USA
51.6-532.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-198.90%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-336.47%๐Ÿ‡บ๐Ÿ‡ธ USA
9.05-175.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-48.0 302.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.2-14.89%๐Ÿ‡บ๐Ÿ‡ธ USA
1.86-115.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-32.2 169.60%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.