Meier Tobler Group
MTG.SW
#6881
Rank
โ‚น38.85 B
Marketcap
โ‚น3,561
Share price
1.91%
Change (1 day)
25.58%
Change (1 year)

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

P/E ratio at the end of 2023: 15.8

According to Meier Tobler Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9376. At the end of 2023 the company had a P/E ratio of 15.8.

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
202315.8-10.02%
202217.616.03%
202115.2-63.4%
202041.4-29.18%
201958.5-352.76%
2018-23.1-85.33%
2017-158-816.46%
201622.0-34.64%
201533.7892.02%
20143.40-18.56%
20134.17-59.92%
201210.48.84%
20119.56-15.58%
201011.31.62%
200911.1-34.85%
200817.144.98%
200711.83.94%
200611.3-1.28%
200511.5-167.16%
2004-17.1-15.38%
2003-20.2

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.