According to MFHC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7486. At the end of 2022 the company had a P/E ratio of 23.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 23.2 | 21.83% |
2021 | 19.0 | 16.52% |
2020 | 16.3 | 12.73% |
2019 | 14.5 | 15.72% |
2018 | 12.5 | -2.95% |
2017 | 12.9 | -8.23% |
2016 | 14.1 | 54.15% |
2015 | 9.11 | -8.99% |
2014 | 10.0 | -22.42% |
2013 | 12.9 | 2.36% |
2012 | 12.6 | -3.19% |
2011 | 13.0 | -21.32% |
2010 | 16.6 |
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.