P/E ratio for Mr Price Group (MRP.JO)
P/E ratio at the end of 2024: 0.1519
According to Mr Price Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.149414. At the end of 2024 the company had a P/E ratio of 0.1519.
P/E ratio history for Mr Price Group from 2002 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 0.1519 | -98.82% |
| 2023 | 12.8 | -10.88% |
| 2022 | 14.4 | -14.35% |
| 2021 | 16.8 | 50.1% |
| 2020 | 11.2 | -23.45% |
| 2019 | 14.6 | -22.04% |
| 2018 | 18.8 | 22.95% |
| 2017 | 15.3 | 3.04% |
| 2016 | 14.8 | -27.86% |
| 2015 | 20.5 | 53.94% |
| 2014 | 13.3 | 29.49% |
| 2013 | 10.3 | 20.02% |
| 2012 | 8.57 | 41.36% |
| 2011 | 6.07 | -3.85% |
| 2010 | 6.31 | 12.58% |
| 2009 | 5.60 | 40.98% |
| 2008 | 3.97 | -40.89% |
| 2007 | 6.72 | 36.96% |
| 2006 | 4.91 | 28.45% |
| 2005 | 3.82 | 10% |
| 2004 | 3.48 | -48.16% |
| 2003 | 6.70 | -11.42% |
| 2002 | 7.57 |
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.