MoneyGram
MGI
#5416
Rank
NZ$1.90 B
Marketcap
$19.51
Share price
0.00%
Change (1 day)
19.75%
Change (1 year)

P/E ratio for MoneyGram (MGI)

P/E ratio on August 3, 2023 (TTM): 31.4

According to MoneyGram's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.4. At the end of 2022 the company had a P/E ratio of 31.1.

P/E ratio history for MoneyGram from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.1-273.51%
2021-17.9-63.91%
2020-49.71981.9%
2019-2.39-57.05%
2018-5.56-80.19%
2017-28.0-161.74%
201645.4-998.32%
2015-5.06-158.96%
20148.58-69.87%
201328.5-249.93%
2012-19.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.35-82.96%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-40.52%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-63.18%๐Ÿ‡บ๐Ÿ‡ธ USA
46.2 47.24%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-12.12%๐Ÿ‡บ๐Ÿ‡ธ USA
0.6695-97.87%๐Ÿ‡จ๐Ÿ‡พ Cyprus
25.2-19.82%๐Ÿ‡บ๐Ÿ‡ธ USA
38.4 22.37%๐Ÿ‡บ๐Ÿ‡ธ USA
33.7 7.21%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.05-106.54%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.