Bank Mandiri
BMRI.JK
#528
Rank
$37.54 B
Marketcap
$0.40
Share price
-0.38%
Change (1 day)
8.71%
Change (1 year)

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

P/E ratio as of July 2024 (TTM): 12.3

According to Bank Mandiri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3329. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Bank Mandiri from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-3.78%
202111.7-33.44%
202017.634.74%
201913.0-5.27%
201813.8-23.94%
201718.1-7.54%
201619.684.31%
201510.6-16.11%
201412.725.74%
201310.1-18.96%
201212.4-2.63%
201112.8-13.8%
201014.87.56%
200913.873.2%
20087.94-52.35%
200716.7-31.56%
200624.4-55.6%
200554.8

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.