P/E ratio for MISC Berhad (3816.KL)
P/E ratio as of June 2023 (TTM): 19.7
According to MISC Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6678. At the end of 2021 the company had a P/E ratio of 17.1.
P/E ratio history for MISC Berhad from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.1 | -102.47% |
| 2020 | -692 | -2723.7% |
| 2019 | 26.4 | 18.39% |
| 2018 | 22.3 | 33.31% |
| 2017 | 16.7 | 31.42% |
| 2016 | 12.7 | -24.95% |
| 2015 | 16.9 | 15.13% |
| 2014 | 14.7 | 20.36% |
| 2013 | 12.2 | -48.41% |
| 2012 | 23.7 | 26.82% |
| 2011 | 18.7 | -58.86% |
| 2010 | 45.4 | 106.87% |
| 2009 | 22.0 | 54.18% |
| 2008 | 14.2 | 19.38% |
| 2007 | 11.9 | -5.19% |
| 2006 | 12.6 |
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.