MISTRAS Group
MG
#7459
Rank
โ‚น24.49 B
Marketcap
โ‚น789.80
Share price
2.86%
Change (1 day)
58.02%
Change (1 year)

P/E ratio for MISTRAS Group (MG)

P/E ratio as of November 2024 (TTM): 117

According to MISTRAS Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 117. At the end of 2022 the company had a P/E ratio of 23.5.

P/E ratio history for MISTRAS Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.5-59.93%
202158.6-2689.44%
2020-2.26-103.33%
201968.08.69%
201862.5-121.31%
2017-293
201524.5-9.21%
201427.0-39.32%
201344.452.94%
201229.0-14.53%
201134.026.06%
201027.0-173.4%
2009-36.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.6-81.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.8115-100.69%๐Ÿ‡บ๐Ÿ‡ธ USA
52.7-54.92%๐Ÿ‡บ๐Ÿ‡ธ USA
70.6-39.65%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0-89.72%๐Ÿ‡บ๐Ÿ‡ธ USA
8.69-92.58%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0-76.95%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6-78.09%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-90.08%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.