According to Mรธns Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.15574. At the end of 2023 the company had a P/E ratio of 4.76.
Year | P/E ratio | Change |
---|---|---|
2023 | 4.76 | -44.91% |
2022 | 8.64 | -2.17% |
2021 | 8.84 | -15.22% |
2020 | 10.4 | 54.07% |
2019 | 6.76 | -4.84% |
2018 | 7.11 | -14.3% |
2017 | 8.29 | -11.77% |
2016 | 9.40 | 15.19% |
2015 | 8.16 | 22.94% |
2014 | 6.64 | -181.83% |
2013 | -8.11 | -144.77% |
2012 | 18.1 | -116.25% |
2011 | -111 | -194.81% |
2010 | 118 | 975.63% |
2009 | 10.9 | 227.97% |
2008 | 3.33 |
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.