Kuwait Portland Cement
PCEM.KW
#7755
Rank
A$0.40 B
Marketcap
$4,086
Share price
-0.51%
Change (1 day)
1.88%
Change (1 year)

P/E ratio for Kuwait Portland Cement (PCEM.KW)

P/E ratio as of December 2024 (TTM): > 1000

According to Kuwait Portland Cement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12875.7. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Kuwait Portland Cement from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 100018.09%
2021> 1000-78.47%
2020> 1000400.61%
2019> 100015.96%
2018> 100011.3%
2017> 1000-11.22%
2016> 1000
2010> 100013.33%
2009> 1000-279.27%
2008< -1000-137.75%
2007> 1000-12.11%
2006> 1000

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.