PE of 8, page-2

PE isn't a very good indicator of value for MNY. Price / book and ROA are a lot more important. At the moment price / book is around 0.95x (this will probably go up to around 1.1-1.2x following the report to around what it was before the report) and ROA is around 13%. Paying any more dilutes your potential return so I don't think you're ever going to see a PE of 15+ for this company unless ROA increase to 20-25%.