According to Al-Deera Holding Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19330.7. At the end of 2023 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2023 | > 1000 | -43.27% |
2022 | > 1000 | 7.93% |
2021 | > 1000 | -1610.66% |
2020 | < -1000 | -88.04% |
2019 | < -1000 | -257.38% |
2018 | > 1000 | -295.36% |
2017 | < -1000 | -128.07% |
2016 | > 1000 | -2191.47% |
2015 | -627 | -70.23% |
2014 | < -1000 | |
2012 | < -1000 | 23.11% |
2011 | < -1000 | -176.38% |
2010 | > 1000 | -65.78% |
2009 | > 1000 | -333.14% |
2008 | < -1000 | -102.06% |
2007 | > 1000 | -2982.33% |
2006 | < -1000 |
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.