MA Financial Group
MAF.AX
#6240
Rank
NZ$1.17 B
Marketcap
$6.48
Share price
4.64%
Change (1 day)
7.92%
Change (1 year)

P/E ratio for MA Financial Group (MAF.AX)

P/E ratio at the end of 2022: 23.8

According to MA Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2499. At the end of 2022 the company had a P/E ratio of 23.8.

P/E ratio history for MA Financial Group from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202223.8-56.52%
202154.859.1%
202034.4-26.99%
201947.234.56%
201835.1-4.68%
201736.8

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.