Meridian Energy Ltd
NZX:MEL

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Meridian Energy Ltd
NZX:MEL
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Price: 5.88 NZD -0.42% Market Closed
Market Cap: 15.3B NZD
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P/E
Price to Earnings

35.5
Current
35.6
Median
15.2
Industry
Lower than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
35.5
=
Market Cap
15.2B NZD
/
Net Income
429m NZD
All Countries
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P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
40.9
2-Years Forward
P/E
27.4
3-Years Forward
P/E
26.5

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