Manulife Financial
MFC
#418
Rank
$46.10 B
Marketcap
$25.76
Share price
0.08%
Change (1 day)
37.61%
Change (1 year)

P/E ratio for Manulife Financial (MFC)

P/E ratio as of June 2024 (TTM): 12.2

According to Manulife Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1933. At the end of 2022 the company had a P/E ratio of -86.5.

P/E ratio history for Manulife Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-86.5-1377.34%
20216.77-16.79%
20208.13-15.57%
20199.6421.46%
20187.93-71.96%
201728.372.85%
201616.4-10.36%
201518.357.18%
201411.6-8.64%
201312.7-12.37%
201214.5-91.52%
2011171-974.95%
2010-19.6-184.11%
200923.2-32.19%
200834.3126.74%
200715.1-0.75%
200615.2-10.29%
200517.05.48%
200416.123.73%
200313.027.26%
200210.2-31.24%
200114.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.4 25.99%๐Ÿ‡จ๐Ÿ‡ณ China
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
11.2-7.77%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 8.43%๐Ÿ‡จ๐Ÿ‡ฆ Canada
14.2 16.77%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.44-161.06%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.