MAG Interactive
MAGI.ST
#9722
Rank
NZ$40.38 M
Marketcap
$1.52
Share price
-1.45%
Change (1 day)
-28.39%
Change (1 year)

P/E ratio for MAG Interactive (MAGI.ST)

P/E ratio as of December 2024 (TTM): -14.8

According to MAG Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.7704. At the end of 2022 the company had a P/E ratio of -185.

P/E ratio history for MAG Interactive from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-185-380.86%
202165.7-228.26%
2020-51.381.32%
2019-28.367.45%
2018-16.9

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.