The PE ratio for Magnite stock stands at 126.31 as of Dec 24, 2024. This is based on the current EPS of $0.13 and the stock price of $16.42 per share.
Over the last nine years, the average PE ratio of Magnite has been 336.61. The current 126.31 P/E ratio is 62% lower than the historical average. In the past nine years, MGNI's PE ratio peaked in the Dec 2015 quarter at 1,645, with a price of $16.45 and an EPS of $0.01. The Sep 2016 quarter marked the lowest point at 14.28, with a price of $8.28 and an EPS of $0.58.
Year | PE ratio | Change |
---|---|---|
2023 | N/A | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | 1,645 | N/A |
2014 | N/A | N/A |
Currently, MGNI's PE ratio is lower than the 10-year average.
In comparison to its peer stocks PANW and PAY, MGNI's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
PANW Palo Alto Networks Inc | 44.7 | $124.36B |
PAY Paymentus Holdings Inc | 99.68 | $4.22B |
MGNI Magnite Inc | 126.31 | $2.31B |
The price to earnings ratio for MGNI stock is 126.31 as of Dec 24, 2024.
Over the last nine years, the quarterly PE ratio reached a historic high of 1,645 in the Dec 2015 quarter.
MGNI's current price to earnings ratio is 62% below its 9-year historical average.
MGNI's PE ratio of 126.31 is considered high because the company's stock price is trading at a higher multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Dec 24, 2024), Magnite's stock price is $16.42. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.13. Therefore, Magnite's PE ratio for today is 126.31. PE RATIO(126.31) = STOCK PRICE($16.42) / TTM EPS($0.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.