P/E ratio for Mannai Corporation (MCCS.QA)
P/E ratio as of May 2024 (TTM): 52.2
According to Mannai Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.1643. At the end of 2022 the company had a P/E ratio of 18.7.
P/E ratio history for Mannai Corporation from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.7 | 138.74% |
| 2021 | 7.85 | -98.96% |
| 2020 | 757 | -4482.8% |
| 2019 | -17.3 | -380.1% |
| 2018 | 6.17 | 14.97% |
| 2017 | 5.37 | -21.33% |
| 2016 | 6.82 | -17.45% |
| 2015 | 8.26 | -14.03% |
| 2014 | 9.61 | 4.55% |
| 2013 | 9.19 | 18.36% |
| 2012 | 7.77 | -29.32% |
| 2011 | 11.0 | -23.16% |
| 2010 | 14.3 |
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.