According to Mizrahi-Tefahot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.44238. At the end of 2022 the company had a P/E ratio of 6.27.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.27 | -37.29% |
2021 | 10.0 | -14.5% |
2020 | 11.7 | -2.11% |
2019 | 12.0 | 1.87% |
2018 | 11.7 | 3.59% |
2017 | 11.3 | 9.51% |
2016 | 10.3 | 9.24% |
2015 | 9.47 | 18.64% |
2014 | 7.98 | -18.97% |
2013 | 9.85 | 19.53% |
2012 | 8.24 |
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.