Mannai Corporation
MCCS.QA
#6777
Rank
โ‚น39.79 B
Marketcap
โ‚น87.24
Share price
0.11%
Change (1 day)
-4.81%
Change (1 year)

P/E ratio for Mannai Corporation (MCCS.QA)

P/E ratio as of November 2024 (TTM): 48.2

According to Mannai Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.1899. At the end of 2022 the company had a P/E ratio of 18.7.

P/E ratio history for Mannai Corporation from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.7138.74%
20217.85-98.96%
2020757-4482.8%
2019-17.3-380.1%
20186.1714.97%
20175.37-21.33%
20166.82-17.45%
20158.26-14.03%
20149.614.55%
20139.1918.36%
20127.77-29.32%
201111.0-23.16%
201014.3

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.