P/E ratio for Amanat Holdings (AMANAT.AE)
P/E ratio as of May 2024 (TTM): 35.9
According to Amanat Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.857. At the end of 2021 the company had a P/E ratio of 10.2.
P/E ratio history for Amanat Holdings from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.2 | -94.95% |
| 2020 | 203 | 484.84% |
| 2019 | 34.6 | -46.17% |
| 2018 | 64.3 | -26.54% |
| 2017 | 87.6 | 37.62% |
| 2016 | 63.6 |
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.