mBank
MBK.WA
#2531
Rank
C$7.89 B
Marketcap
$185.72
Share price
2.43%
Change (1 day)
-4.11%
Change (1 year)

P/E ratio for mBank (MBK.WA)

P/E ratio as of November 2024 (TTM): 28.0

According to mBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9528. At the end of 2022 the company had a P/E ratio of -17.9.

P/E ratio history for mBank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-17.914.89%
2021-15.6-121.3%
202073.1335.21%
201916.821.99%
201813.8-23.53%
201718.055.09%
201611.614.03%
201510.2-37.62%
201416.3-6.54%
201317.552.38%
201211.525.67%
20119.13-48.14%
201017.6-68.72%
200956.2

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.