Vietnam Maritime Commercial Joint Stock Bank
MSB.VN
#5165
Rank
ยฃ0.95 B
Marketcap
ยฃ0.37
Share price
0.42%
Change (1 day)
-17.21%
Change (1 year)

P/E ratio for Vietnam Maritime Commercial Joint Stock Bank (MSB.VN)

P/E ratio as of November 2024 (TTM): 3.97

According to Vietnam Maritime Commercial Joint Stock Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.96911. At the end of 2023 the company had a P/E ratio of 5.60.

P/E ratio history for Vietnam Maritime Commercial Joint Stock Bank from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20235.600.86%
20225.55-47.62%
202110.64.95%
202010.1

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.