P/E ratio for Manulife Financial (MFC)
P/E ratio as of May 2024 (TTM): 12.3
According to Manulife Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3067. At the end of 2022 the company had a P/E ratio of -86.5.
P/E ratio history for Manulife Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -86.5 | -1377.34% |
| 2021 | 6.77 | -16.79% |
| 2020 | 8.13 | -15.57% |
| 2019 | 9.64 | 21.46% |
| 2018 | 7.93 | -71.96% |
| 2017 | 28.3 | 72.85% |
| 2016 | 16.4 | -10.36% |
| 2015 | 18.3 | 57.18% |
| 2014 | 11.6 | -8.64% |
| 2013 | 12.7 | -12.37% |
| 2012 | 14.5 | -91.52% |
| 2011 | 171 | -974.95% |
| 2010 | -19.6 | -184.11% |
| 2009 | 23.2 | -32.19% |
| 2008 | 34.3 | 126.74% |
| 2007 | 15.1 | -0.75% |
| 2006 | 15.2 | -10.29% |
| 2005 | 17.0 | 5.48% |
| 2004 | 16.1 | 23.73% |
| 2003 | 13.0 | 27.26% |
| 2002 | 10.2 | -31.24% |
| 2001 | 14.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 China Life Insurance 601628.SS | 15.5 | 26.33% | 🇨🇳 China |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Voya Financial
VOYA | 11.3 | -8.21% | 🇺🇸 USA |
 Sun Life Financial
SLF | 14.1 | 14.60% | 🇨🇦 Canada |
 CNO Financial Group
CNO | 14.6 | 18.45% | 🇺🇸 USA |
 AEGON
AEG | -7.77 | -163.14% | 🇳🇱 Netherlands |
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.