P/E ratio for mBank (MBK.WA)
P/E ratio as of April 2024 (TTM): 35.2
According to mBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.2111. At the end of 2022 the company had a P/E ratio of -17.9.
P/E ratio history for mBank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -17.9 | 14.89% |
| 2021 | -15.6 | -121.3% |
| 2020 | 73.1 | 335.21% |
| 2019 | 16.8 | 21.99% |
| 2018 | 13.8 | -23.53% |
| 2017 | 18.0 | 55.09% |
| 2016 | 11.6 | 14.03% |
| 2015 | 10.2 | -37.62% |
| 2014 | 16.3 | -6.54% |
| 2013 | 17.5 | 52.38% |
| 2012 | 11.5 | 25.67% |
| 2011 | 9.13 | -48.14% |
| 2010 | 17.6 | -68.72% |
| 2009 | 56.2 |
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.