MISTRAS Group
MG
#7565
Rank
NZ$0.48 B
Marketcap
$15.37
Share price
1.43%
Change (1 day)
-1.27%
Change (1 year)

P/E ratio for MISTRAS Group (MG)

P/E ratio as of April 2025 (TTM): 115

According to MISTRAS Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 114.875. 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
22.7-80.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.8054-100.70%๐Ÿ‡บ๐Ÿ‡ธ USA
40.2-65.01%๐Ÿ‡บ๐Ÿ‡ธ USA
62.3-45.79%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-90.72%๐Ÿ‡บ๐Ÿ‡ธ USA
6.51-94.33%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-78.90%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0-80.84%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-91.20%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.