Latest P/E ratio for Macondray Capital Acquisition I: 68.0 — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow68.00
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, DRAY shows a P/E ratio of 68.0. That is above the sector sector average of 47.3. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 47.3. Macondray Capital Acquisition I is at 68.0, which is higher that average. That is roughly 43.7% above the sector mean. Use the comparison chart on this page to see how DRAY stacks up against individual peers as well.
Investors watch DRAY's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Macondray Capital Acquisition I's latest reading is 68.0. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Macondray Capital Acquisition I's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 68.0) with ownership activity and broader fundamentals.