P/E ratio for Momentum Metropolitan (MTM.JO)
P/E ratio at the end of 2022: 4.76
According to Momentum Metropolitan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.72344. At the end of 2022 the company had a P/E ratio of 4.76.
P/E ratio history for Momentum Metropolitan from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.76 | -89.96% |
| 2021 | 47.4 | -62.03% |
| 2020 | 125 | 1239.4% |
| 2019 | 9.33 | -36.35% |
| 2018 | 14.7 | 5.42% |
| 2017 | 13.9 | 8.2% |
| 2016 | 12.8 | 21.71% |
| 2015 | 10.6 | 47.22% |
| 2014 | 7.17 | -1.28% |
| 2013 | 7.26 | 42.91% |
| 2012 | 5.08 | 6.43% |
| 2011 | 4.78 | |
| 2009 | 2.45 | -127.93% |
| 2008 | -8.77 | -560.56% |
| 2007 | 1.90 | 18.12% |
| 2006 | 1.61 | 10.28% |
| 2005 | 1.46 | 18.6% |
| 2004 | 1.23 | -23.31% |
| 2003 | 1.61 | -117.81% |
| 2002 | -9.02 |
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.