P/E ratio for Bank Mandiri (BMRI.JK)
P/E ratio as of June 2023 (TTM): 13.5
According to Bank Mandiri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4613. At the end of 2021 the company had a P/E ratio of 11.4.
P/E ratio history for Bank Mandiri from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.4 | -32.03% |
| 2020 | 16.8 | 31.77% |
| 2019 | 12.7 | -4.41% |
| 2018 | 13.3 | -13.12% |
| 2017 | 15.3 | -14.58% |
| 2016 | 17.9 | 72.27% |
| 2015 | 10.4 | -11.91% |
| 2014 | 11.8 | 16.52% |
| 2013 | 10.1 | -21.54% |
| 2012 | 12.9 |
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.