P/E ratio for MA Financial Group (MAF.AX)
P/E ratio at the end of 2023: 41.8
According to MA Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.8953. At the end of 2023 the company had a P/E ratio of 41.8.
P/E ratio history for MA Financial Group from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 41.8 | 75.28% |
| 2022 | 23.8 | -56.52% |
| 2021 | 54.8 | 59.1% |
| 2020 | 34.4 | -26.99% |
| 2019 | 47.2 | 34.56% |
| 2018 | 35.1 | -4.68% |
| 2017 | 36.8 |
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.