P/E ratio for MBM Resources (5983.KL)
P/E ratio as of April 2024 (TTM): 7.31
According to MBM Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.3074. At the end of 2022 the company had a P/E ratio of 4.57.
P/E ratio history for MBM Resources from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.57 | -37.37% |
| 2021 | 7.30 | -12.31% |
| 2020 | 8.33 | 23.43% |
| 2019 | 6.75 | 30.98% |
| 2018 | 5.15 | -183.11% |
| 2017 | -6.20 | -148.98% |
| 2016 | 12.7 | 13.37% |
| 2015 | 11.2 | 10.47% |
| 2014 | 10.1 | 11.12% |
| 2013 | 9.09 | 10.96% |
| 2012 | 8.20 |
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.