Bank Mandiri
BMRI.JK
#573
Rank
$35.16 B
Marketcap
$0.38
Share price
-4.74%
Change (1 day)
7.66%
Change (1 year)

P/E ratio for Bank Mandiri (BMRI.JK)

P/E ratio as of May 2024 (TTM): 12.1

According to Bank Mandiri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1442. At the end of 2022 the company had a P/E ratio of 22.6.

P/E ratio history for Bank Mandiri from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202222.6-0.5%
202122.7-34.1%
202034.437.5%
201925.0-5.38%
201826.4-13.68%
201730.6-14.58%
201635.973.15%
201520.7-12.14%
201423.616.8%
201320.2-21.89%
201225.8

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.