Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.
P/E ratio for Mercedes-Benz Group AG (MBG.DE)
P/E ratio as of 2023: 4.71
According to Mercedes-Benz Group AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.71. At the end of 2022 the company had a P/E ratio of 4.53.
P/E ratio history for Mercedes-Benz Group AG from 1998 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 4.71 |
| 2022 | 4.53 |
| 2021 | 6.78 |
| 2020 | 14.15 |
| 2019 | 18.45 |
| 2018 | 5.54 |
| 2017 | 5.96 |
| 2016 | 7.37 |
| 2015 | 8.18 |
| 2014 | 8.80 |
| 2013 | 8.16 |
| 2012 | 6.19 |
| 2011 | 5.30 |
| 2010 | 9.84 |
| 2009 | -11.75 |
| 2008 | 14.98 |
| 2007 | 13.98 |
| 2006 | 12.33 |
| 2005 | 12.80 |
| 2004 | 12.04 |
| 2003 | 69.82 |
| 2002 | 4.82 |
| 2001 | -60.83 |
| 2000 | 4.73 |
| 1999 | 11.11 |
| 1998 | 13.83 |