P/E ratio for MISC Berhad (3816.KL)
P/E ratio as of April 2024 (TTM): 13.2
According to MISC Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1923. 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 |
|---|---|---|
| 2022 | 18.4 | 6.9% |
| 2021 | 17.2 | -102.5% |
| 2020 | -687 | -2732.81% |
| 2019 | 26.1 | 14.5% |
| 2018 | 22.8 | 36.06% |
| 2017 | 16.7 | 31.72% |
| 2016 | 12.7 | -24.95% |
| 2015 | 16.9 | 15.93% |
| 2014 | 14.6 | 19.49% |
| 2013 | 12.2 | -51.07% |
| 2012 | 25.0 |
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.