Magna International Overview
Magna International (MGA) has a P/E ratio of 24.28, below the Industrials sector average of 29.15.
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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, MGA shows a P/E ratio of 24.28. That is below the Industrials sector average of 29.15. Scroll down for historical charts and peer comparison views.
The Industrials sector average P/E ratio is about 29.15. Magna International is at 24.28, which is lower that average. That is roughly 16.7% below the sector mean. Use the comparison chart on this page to see how MGA stacks up against individual peers as well.
Investors watch MGA's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Magna International's latest reading is 24.28. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Magna International'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 24.28) with ownership activity and broader fundamentals.
The Industrials average P/E ratio is about 29.15, while MGA is at 24.28. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
