P/E ratio for Alijarah Holding (NLCS.QA)
P/E ratio as of May 2024 (TTM): -78.7
According to Alijarah Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -78.6763. At the end of 2022 the company had a P/E ratio of 18.1.
P/E ratio history for Alijarah Holding from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.1 | -157.61% |
| 2021 | -31.3 | -165.7% |
| 2020 | 47.7 | 231.95% |
| 2019 | 14.4 | -77.53% |
| 2018 | 63.9 | 25.35% |
| 2017 | 51.0 | -66.71% |
| 2016 | 153 | -2047.83% |
| 2015 | -7.87 | -154.92% |
| 2014 | 14.3 | -21.62% |
| 2013 | 18.3 | 69.07% |
| 2012 | 10.8 | 50.16% |
| 2011 | 7.20 | -20.43% |
| 2010 | 9.05 |
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.