Momentum Metropolitan
MTM.JO
#4035
Rank
$3.18 B
Marketcap
$2.47
Share price
-1.93%
Change (1 day)
24.96%
Change (1 year)

P/E ratio for Momentum Metropolitan (MTM.JO)

P/E ratio at the end of 2022: 4.95

According to Momentum Metropolitan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.84831. At the end of 2022 the company had a P/E ratio of 4.95.

P/E ratio history for Momentum Metropolitan from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.95-89.96%
202149.3-62.03%
20201301239.4%
20199.69-36.35%
201815.25.42%
201714.48.2%
201613.321.71%
201511.047.22%
20147.45-1.28%
20137.5442.91%
20125.286.43%
20114.96
20092.54-127.93%
2008-9.10-560.56%
20071.9818.12%
20061.6710.28%
20051.5218.6%
20041.28-23.31%
20031.67-117.81%
2002-9.37

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.