P/E ratio for Ahli Bank (ABQK.QA)
P/E ratio as of May 2024 (TTM): 12.9
According to Ahli Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.906. At the end of 2022 the company had a P/E ratio of 14.1.
P/E ratio history for Ahli Bank from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.1 | 4.53% |
| 2021 | 13.5 | 9.33% |
| 2020 | 12.3 | 2.67% |
| 2019 | 12.0 | 36.13% |
| 2018 | 8.81 | -27.66% |
| 2017 | 12.2 | 3.25% |
| 2016 | 11.8 | -8.86% |
| 2015 | 12.9 | -13.47% |
| 2014 | 15.0 | 12.37% |
| 2013 | 13.3 | 5.35% |
| 2012 | 12.6 |
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.