Metropolitan Bank Holding
MCB
#6251
Rank
$0.64 B
Marketcap
$57.29
Share price
2.25%
Change (1 day)
76.49%
Change (1 year)

P/E ratio for Metropolitan Bank Holding (MCB)

P/E ratio as of October 2024 (TTM): 11.6

According to Metropolitan Bank Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6207. At the end of 2022 the company had a P/E ratio of 10.8.

P/E ratio history for Metropolitan Bank Holding from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.8-32.96%
202116.1111.07%
20207.64-42.53%
201913.334.37%
20189.89-61.32%
201725.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.5 24.93%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 10.47%๐Ÿ‡บ๐Ÿ‡ธ USA

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.