Mitra Keluarga
MIKA.JK
#4035
Rank
NZ$3.93 B
Marketcap
$0.28
Share price
-1.13%
Change (1 day)
-6.27%
Change (1 year)

P/E ratio for Mitra Keluarga (MIKA.JK)

P/E ratio as of November 2024 (TTM): 38.1

According to Mitra Keluarga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.1346. At the end of 2022 the company had a P/E ratio of 44.5.

P/E ratio history for Mitra Keluarga from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202244.569.51%
202126.3-43.21%
202046.3-11.62%
201952.439.61%
201837.5-2.62%
201738.5-28.07%
201653.5-12.99%
201561.5

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.