P/E ratio for Muangthai Capital (MTC.BK)
P/E ratio as of May 2024 (TTM): 20.1
According to Muangthai Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1306. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Muangthai Capital from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | -36.94% |
| 2021 | 25.1 | 4.68% |
| 2020 | 24.0 | -25.13% |
| 2019 | 32.0 | 13.83% |
| 2018 | 28.1 | -14.3% |
| 2017 | 32.8 | -8.26% |
| 2016 | 35.8 | -34.46% |
| 2015 | 54.6 | -12.54% |
| 2014 | 62.4 |
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.