According to Morgan Stanley's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2376. At the end of 2022 the company had a P/E ratio of 13.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.7 | 13.81% |
2021 | 12.0 | 14.45% |
2020 | 10.5 | 8.15% |
2019 | 9.72 | 17.65% |
2018 | 8.26 | -50.41% |
2017 | 16.7 | 17.88% |
2016 | 14.1 | 31.49% |
2015 | 10.7 | -16.35% |
2014 | 12.8 | -41.01% |
2013 | 21.8 | -106.83% |
2012 | -319 | -2353.62% |
2011 | 14.1 | 36.15% |
2010 | 10.4 | -132.28% |
2009 | -32.2 | -390.85% |
2008 | 11.1 | -38.35% |
2007 | 17.9 | 62.61% |
2006 | 11.0 | -8.8% |
2005 | 12.1 | -9.35% |
2004 | 13.3 | -23.66% |
2003 | 17.5 | 20.88% |
2002 | 14.5 | -16.74% |
2001 | 17.4 |
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.