P/E ratio for Maybank (MLYBY)
P/E ratio as of June 2024 (TTM): 14.9
According to Maybank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9142. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for Maybank from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | 8.52% |
| 2021 | 11.7 | -24.76% |
| 2020 | 15.6 | 33.9% |
| 2019 | 11.7 | -8.22% |
| 2018 | 12.7 | -7.35% |
| 2017 | 13.7 | 25.7% |
| 2016 | 10.9 | -1.57% |
| 2015 | 11.1 | -3.7% |
| 2014 | 11.5 | -8.61% |
| 2013 | 12.6 | -2.74% |
| 2012 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 HDFC Bank HDB | 19.3 | 29.21% | 🇮🇳 India |
 Shinhan Financial Group
SHG | 5.74 | -61.55% | 🇰🇷 S. Korea |
 ICICI Bank IBN | 19.1 | 28.08% | 🇮🇳 India |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.