According to Mani, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2264. At the end of 2024 the company had a P/E ratio of 30.8.
Year | P/E ratio | Change |
---|---|---|
2024 | 30.8 | -1.38% |
2023 | 31.2 | -3.04% |
2022 | 32.2 | -35.49% |
2021 | 50.0 | -37.66% |
2020 | 80.1 | 100.07% |
2019 | 40.1 | -5.28% |
2018 | 42.3 | 68.03% |
2017 | 25.2 | 13.71% |
2016 | 22.1 | -25.17% |
2015 | 29.6 | 19.4% |
2014 | 24.8 | 47.25% |
2013 | 16.8 | 13.1% |
2012 | 14.9 | -0.98% |
2011 | 15.0 | 2.01% |
2010 | 14.7 |
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.