P/E ratio for Al Khaleej Training and Education Company (4290.SR)
P/E ratio as of June 2024 (TTM): 23.5
According to Al Khaleej Training and Education Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5321. At the end of 2023 the company had a P/E ratio of -39.3.
P/E ratio history for Al Khaleej Training and Education Company from 2016 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -39.3 | -32.62% |
| 2022 | -58.3 | 135.37% |
| 2021 | -24.8 | -49.13% |
| 2020 | -48.7 | -562.7% |
| 2019 | 10.5 | -41.68% |
| 2018 | 18.1 | 20.41% |
| 2017 | 15.0 | -21.08% |
| 2016 | 19.0 | -4.75% |
| 2015 | 19.9 | -26.85% |
| 2014 | 27.3 | |
| 2012 | 13.8 | 104.13% |
| 2011 | 6.76 |
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.