According to Ahli Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7718. At the end of 2022 the company had a P/E ratio of 14.1.
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 |
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.