According to Mortgage Advice Bureau (Holdings)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2507.13. At the end of 2023 the company had a P/E ratio of 33.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 33.9 | 35.71% |
2022 | 25.0 | -33.46% |
2021 | 37.6 | 13.45% |
2020 | 33.1 | 27.85% |
2019 | 25.9 | 32.41% |
2018 | 19.6 | -8.86% |
2017 | 21.5 | 57.41% |
2016 | 13.6 | -24.19% |
2015 | 18.0 | 21.91% |
2014 | 14.8 |
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.