P/E ratio for Mainova (MNV6.F)
P/E ratio as of May 2024 (TTM): 17.2
According to Mainova's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2. At the end of 2021 the company had a P/E ratio of 6.67.
P/E ratio history for Mainova from 2016 to 2017
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.67 | -47.41% |
| 2020 | 12.7 | -77.33% |
| 2019 | 56.0 | 356.5% |
| 2018 | 12.3 | -21.99% |
| 2017 | 15.7 | 14.75% |
| 2016 | 13.7 | -16.26% |
| 2015 | 16.4 | 9.23% |
| 2014 | 15.0 | 6.85% |
| 2013 | 14.0 | -27.89% |
| 2012 | 19.4 | 27.83% |
| 2011 | 15.2 | 22.25% |
| 2010 | 12.4 | -52.58% |
| 2009 | 26.2 | 47.64% |
| 2008 | 17.8 |
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.