Monarch Casino & Resort
MCRI
#4802
Rank
S$2.07 B
Marketcap
$112.61
Share price
0.31%
Change (1 day)
30.32%
Change (1 year)

P/E ratio for Monarch Casino & Resort (MCRI)

P/E ratio as of November 2024 (TTM): 18.6

According to Monarch Casino & Resort's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5721. At the end of 2022 the company had a P/E ratio of 16.7.

P/E ratio history for Monarch Casino & Resort from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.7-16.82%
202120.1-57.66%
202047.573.02%
201927.437.36%
201820.0-35.4%
201730.970.26%
201618.2-2.51%
201518.6-4.58%
201419.56.92%
201318.3-7.97%
201219.8-31.87%
201129.118.79%
201024.5-9.22%
200927.032.1%
200820.48.64%
200718.8-8.62%
200620.62.02%
200520.2-12.42%
200423.0108.7%
200311.0-26.03%
200214.9-10.46%
200116.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-31.6-270.33%๐Ÿ‡บ๐Ÿ‡ธ USA
10.5-43.41%๐Ÿ‡บ๐Ÿ‡ธ USA
> 1000 8,065.10%๐Ÿ‡บ๐Ÿ‡ธ USA
36.2 94.89%๐Ÿ‡บ๐Ÿ‡ธ USA
56.9 206.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.8-233.61%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.