Banco Macro
BMA
#2565
Rank
ยฃ4.39 B
Marketcap
ยฃ63.55
Share price
-2.19%
Change (1 day)
226.46%
Change (1 year)

P/E ratio for Banco Macro (BMA)

P/E ratio as of November 2024 (TTM): 0.8846

According to Banco Macro 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.884636. At the end of 2021 the company had a P/E ratio of 3.56.

P/E ratio history for Banco Macro from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.56-8.92%
20203.91

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6 2,903.10%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
10.0 1,033.66%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7 1,560.12%๐Ÿ‡จ๐Ÿ‡ฑ Chile
7.22 716.42%๐Ÿ‡ช๐Ÿ‡ธ Spain

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.