P/E ratio for Aamal Company (AHCS.QA)
P/E ratio as of May 2024 (TTM): 12.9
According to Aamal Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9005. At the end of 2022 the company had a P/E ratio of 16.3.
P/E ratio history for Aamal Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.3 | -25.05% |
| 2021 | 21.7 | -49.29% |
| 2020 | 42.8 | 162.92% |
| 2019 | 16.3 | 30.6% |
| 2018 | 12.5 | 14.75% |
| 2017 | 10.9 | -41.89% |
| 2016 | 18.7 | 26.79% |
| 2015 | 14.7 | -6.35% |
| 2014 | 15.7 | -10.89% |
| 2013 | 17.6 | 28.34% |
| 2012 | 13.8 |
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.