P/E ratio for MacroGenics (MGNX)

P/E ratio history for MacroGenics from 2013 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Xencor XNCR	-4.59	-148.90%	🇺🇸 USA
Pfizer PFE	13.3	41.50%	🇺🇸 USA
Merck MRK	47.5	406.56%	🇺🇸 USA
Gilead Sciences GILD	25.5	171.59%	🇺🇸 USA
Amgen AMGN	21.6	130.21%	🇺🇸 USA
Eli Lilly LLY	151	1,505.87%	🇺🇸 USA
Bristol-Myers Squibb BMY	15.0	59.97%	🇺🇸 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.