MetLife
MET
#357
Rank
C$75.89 B
Marketcap
$109.41
Share price
0.01%
Change (1 day)
32.62%
Change (1 year)

P/E ratio for MetLife (MET)

P/E ratio as of November 2024 (TTM): 28.6

According to MetLife's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.6381. At the end of 2022 the company had a P/E ratio of 14.2.

P/E ratio history for MetLife from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.268.33%
20218.421.93%
20208.26-1.33%
20198.371.5%
20188.25-41.12%
201714.0-81.56%
201676.0807.11%
20158.37-0.26%
20148.40-40.71%
201314.299.32%
20127.1057.91%
20114.50-66.74%
201013.5-223.83%
2009-10.9-247.62%
20087.40-24.27%
20079.7750.32%
20066.50-6.96%
20056.99-28.97%
20049.84-3.29%
200310.2-4.61%
200210.7-75.83%
200144.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.5-35.26%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-56.87%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.50-126.20%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
12.6-56.02%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-31.67%๐Ÿ‡บ๐Ÿ‡ธ USA
-170-693.61%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK

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.