Mercury NZ
MCY.AX
#2670
Rank
โ‚น423.02 B
Marketcap
โ‚น302.28
Share price
3.56%
Change (1 day)
-2.83%
Change (1 year)

P/E ratio for Mercury NZ (MCY.AX)

P/E ratio at the end of 2022: 15.8

According to Mercury NZ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5892. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for Mercury NZ from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202215.8-70.87%
202154.183.6%
202029.592.36%
201915.3-10.07%
201817.0-18.48%
201720.9-6.1%
201622.3-65.69%
201564.9555.97%
20149.89-48.07%
201319.1

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.