According to Saudi Aramco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.466. At the end of 2022 the company had a P/E ratio of 12.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.2 | -33.91% |
2021 | 18.4 | -52.6% |
2020 | 38.8 | 198.59% |
2019 | 13.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Shell SHEL | 8.44 | -41.66% | ๐ฌ๐ง UK |
BP BP | 4.30 | -70.27% | ๐ฌ๐ง UK |
Petrobras PBR | 0.7420 | -94.87% | ๐ง๐ท Brazil |
Rosneft ROSN.ME | 5.18 | -64.22% | ๐ท๐บ Russia |
TotalEnergies TTE | 9.14 | -36.79% | ๐ซ๐ท France |
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.