MetLife
MET
#420
Rank
$39.67 B
Marketcap
$51.81
Share price
-1.82%
Change (1 day)
-23.49%
Change (1 year)

P/E ratio for MetLife (MET)

P/E ratio as of May 2023 (TTM): 23.0

According to MetLife's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0017. At the end of 2021 the company had a P/E ratio of 8.48.

P/E ratio history for MetLife from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.482.72%
20208.26-1.36%
20198.371.5%
20188.25-41.12%
201714.0-81.56%
201676.0807.11%
20158.37-0.26%
20148.40-40.71%
201314.299.32%
20127.10

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.8 20.82%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-48.50%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
13.2-42.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-147-740.76%๐Ÿ‡บ๐Ÿ‡ธ USA
8.95-61.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.3-249.21%๐Ÿ‡ณ๐Ÿ‡ฑ 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.