P/E ratio for Manulife Financial (MFC)

P/E ratio history for Manulife Financial from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Sun Life Financial SLF	16.3	12.50%	🇨🇦 Canada
AEGON AEG	-6.91	-147.71%	🇳🇱 Netherlands
Voya Financial VOYA	10.5	-27.58%	🇺🇸 USA
China Life Insurance 601628.SS	12.8	-11.78%	🇨🇳 China
CNO Financial Group CNO	19.2	32.78%	🇺🇸 USA
Prudential PUK	N/A	N/A	🇬🇧 UK

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.