P/E ratio for Manulife Financial (MFC)
P/E ratio as of March 2023 (TTM): 6.51
According to Manulife Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.5085. At the end of 2015 the company had a P/E ratio of 18.3.
P/E ratio history for Manulife Financial from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | 18.3 | 57.18% |
| 2014 | 11.6 | |
| 2012 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 China Life Insurance 601628.SS | 46.6 | 615.96% | 🇨🇳 China |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Voya Financial
VOYA | 10.0 | 54.07% | 🇺🇸 USA |
 Sun Life Financial
SLF | 10.8 | 66.46% | 🇨🇦 Canada |
 CNO Financial Group
CNO | 5.40 | -17.03% | 🇺🇸 USA |
 AEGON
AEG | -32.3 | -596.87% | 🇳🇱 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.