MISC Berhad
3816.KL
#1944
Rank
$7.49 B
Marketcap
$1.68
Share price
2.30%
Change (1 day)
1.82%
Change (1 year)

P/E ratio for MISC Berhad (3816.KL)

P/E ratio as of April 2024 (TTM): 13.1

According to MISC Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1123. At the end of 2022 the company had a P/E ratio of 18.4.

P/E ratio history for MISC Berhad from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.46.9%
202117.2-102.5%
2020-687-2732.81%
201926.114.5%
201822.836.06%
201716.731.72%
201612.7-24.95%
201516.915.93%
201414.619.49%
201312.2-51.07%
201225.0

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.