Mรธns Bank
MNBA.CO
#9279
Rank
C$89.72 M
Marketcap
$44.86
Share price
-0.88%
Change (1 day)
8.12%
Change (1 year)

P/E ratio for Mรธns Bank (MNBA.CO)

P/E ratio as of December 2024 (TTM): 6.44

According to Mรธns Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.43508. At the end of 2023 the company had a P/E ratio of 4.76.

P/E ratio history for Mรธns Bank from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20234.76-44.91%
20228.64-2.17%
20218.84-15.22%
202010.454.07%
20196.76-4.84%
20187.11-14.3%
20178.29-11.77%
20169.4015.19%
20158.1622.94%
20146.64-181.83%
2013-8.11-144.77%
201218.1-116.25%
2011-111-194.81%
2010118975.63%
200910.9227.97%
20083.33

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.