Current and historical daily PE Ratio for Mycronic AB (
) from 1990 to Jun 17 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Mycronic AB stock (LSE:0MQG) PE ratio as of Jun 17 2024 is 31.92.
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Mycronic AB (LSE:0MQG) PE Ratio (TTM) Chart
Mycronic AB (LSE:0MQG) PE Ratio (TTM) Historical Data
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Mycronic AB (LSE:0MQG) PE Ratio (TTM) Comparison
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Business Description
Business Description
![Mycronic AB Mycronic AB logo](https://static.gurufocus.com/logos/0C00000XGI.png?14)
Mycronic AB
NAICS : 335312
ISIN : SE0000375115
Description
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of photomasks for displays; The High Flex division, which develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation.