According to Saudi Printing and Packaging Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.22251. At the end of 2022 the company had a P/E ratio of -120.
Year | P/E ratio | Change |
---|---|---|
2022 | -120 | 439.18% |
2021 | -22.2 | -69.52% |
2020 | -72.8 | 261.05% |
2019 | -20.2 | 12.24% |
2018 | -18.0 | 3.22% |
2017 | -17.4 | -50.67% |
2016 | -35.3 | -148.53% |
2015 | 72.7 | 189.14% |
2014 | 25.1 | -4.94% |
2013 | 26.4 | 47.82% |
2012 | 17.9 | -42.92% |
2011 | 31.3 | 58.86% |
2010 | 19.7 |
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.