Metallus
MTUS
#6245
Rank
NZ$1.13 B
Marketcap
$26.62
Share price
3.26%
Change (1 day)
-22.32%
Change (1 year)

P/E ratio for Metallus (MTUS)

P/E ratio as of November 2024 (TTM): 8.62

According to Metallus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.61944. At the end of 2023 the company had a P/E ratio of 14.8.

P/E ratio history for Metallus from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202314.811.09%
202213.4201.21%
20214.44
2019-3.20-74.04%
2018-12.3-19.77%
2017-15.3154.73%
2016-6.0219.32%
2015-5.05-131.49%
201416.0

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.