According to Metsรค Board's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.505. At the end of 2022 the company had a P/E ratio of 8.83.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.83 | -10.61% |
2021 | 9.87 | -45.15% |
2020 | 18.0 | 20.61% |
2019 | 14.9 | 30.87% |
2018 | 11.4 | -32.83% |
2017 | 17.0 | -37.13% |
2016 | 27.0 | 56% |
2015 | 17.3 | -24.75% |
2014 | 23.0 | 41.88% |
2013 | 16.2 | 296.09% |
2012 | 4.09 | -326.46% |
2011 | -1.81 | -105.71% |
2010 | 31.7 | -1879.21% |
2009 | -1.78 |
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.