P/E ratio for Minor International (MINT.BK)
P/E ratio as of May 2024 (TTM): 24.0
According to Minor International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0221. At the end of 2022 the company had a P/E ratio of 60.8.
P/E ratio history for Minor International from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 60.8 | -698.97% |
| 2021 | -10.2 | 85.4% |
| 2020 | -5.48 | -130.51% |
| 2019 | 18.0 | -51.24% |
| 2018 | 36.8 | 1.12% |
| 2017 | 36.4 | 50.13% |
| 2016 | 24.3 | 5.44% |
| 2015 | 23.0 | -23.29% |
| 2014 | 30.0 | 64.37% |
| 2013 | 18.2 | -17.76% |
| 2012 | 22.2 | 63.92% |
| 2011 | 13.5 | -57.06% |
| 2010 | 31.5 | 5.42% |
| 2009 | 29.9 |
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.