According to Bank Mandiri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.104. At the end of 2022 the company had a P/E ratio of 22.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.6 | -0.5% |
2021 | 22.7 | -34.1% |
2020 | 34.4 | 37.5% |
2019 | 25.0 | -5.38% |
2018 | 26.4 | -13.68% |
2017 | 30.6 | -14.58% |
2016 | 35.9 | 73.15% |
2015 | 20.7 | -12.14% |
2014 | 23.6 | 16.8% |
2013 | 20.2 | -21.89% |
2012 | 25.8 |
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.