P/E ratio for Mayora (MYOR.JK)
P/E ratio as of April 2024 (TTM): 20.2
According to Mayora's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2002. At the end of 2022 the company had a P/E ratio of 28.7.
P/E ratio history for Mayora from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.7 | -25.34% |
| 2021 | 38.5 | 30.67% |
| 2020 | 29.5 | 27.88% |
| 2019 | 23.0 | -32.31% |
| 2018 | 34.0 | 19.6% |
| 2017 | 28.5 | 5.5% |
| 2016 | 27.0 | 21.57% |
| 2015 | 22.2 | -52.13% |
| 2014 | 46.3 | 98.73% |
| 2013 | 23.3 | 12.4% |
| 2012 | 20.7 | -10.61% |
| 2011 | 23.2 | 36.23% |
| 2010 | 17.0 | 83.62% |
| 2009 | 9.28 | 108.36% |
| 2008 | 4.45 | -52.92% |
| 2007 | 9.46 | |
| 2005 | 13.7 |
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.