According to MFHC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.818. At the end of 2023 the company had a P/E ratio of 16.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 16.5 | -28.33% |
2022 | 23.1 | 23.15% |
2021 | 18.7 | 15.37% |
2020 | 16.2 | 12.74% |
2019 | 14.4 | 17.23% |
2018 | 12.3 | -3.38% |
2017 | 12.7 | -8.71% |
2016 | 13.9 | 54.52% |
2015 | 9.02 | -9.57% |
2014 | 9.98 | -22.25% |
2013 | 12.8 | 3.12% |
2012 | 12.4 | -3.71% |
2011 | 12.9 | -20.61% |
2010 | 16.3 | 13.78% |
2009 | 14.3 | -97.48% |
2008 | 567 | 4387.84% |
2007 | 12.6 | -23.44% |
2006 | 16.5 |
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.