P/E ratio for Mashreqbank (MASQ.AE)
P/E ratio as of May 2024 (TTM): 5.53
According to Mashreqbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.53378. At the end of 2021 the company had a P/E ratio of 14.3.
P/E ratio history for Mashreqbank from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.3 | -249.3% |
| 2020 | -9.58 | -258.43% |
| 2019 | 6.04 | -10.1% |
| 2018 | 6.72 | 11.04% |
| 2017 | 6.06 | 5.97% |
| 2016 | 5.71 | -9.04% |
| 2015 | 6.28 | -26.78% |
| 2014 | 8.58 | 1.04% |
| 2013 | 8.49 | 19.82% |
| 2012 | 7.09 | -66.13% |
| 2011 | 20.9 | 19.77% |
| 2010 | 17.5 |
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.