P/E ratio for Al Hammadi Holding Company (4007.SR)
P/E ratio as of May 2024 (TTM): 30.2
According to Al Hammadi Holding Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1762. At the end of 2022 the company had a P/E ratio of 25.5.
P/E ratio history for Al Hammadi Holding Company from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.5 | -52.82% |
| 2021 | 54.0 | 99.77% |
| 2020 | 27.0 | -0.93% |
| 2019 | 27.3 | -16.78% |
| 2018 | 32.8 | -20.07% |
| 2017 | 41.0 | -39.59% |
| 2016 | 67.9 | 65.88% |
| 2015 | 40.9 | -48.8% |
| 2014 | 79.9 |
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.