P/E ratio for National Shipping Company of Saudi Arabia (Bahri) (4030.SR)
P/E ratio as of May 2023 (TTM): 31.6
According to National Shipping Company of Saudi Arabia (Bahri)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.6387. At the end of 2016 the company had a P/E ratio of 9.87.
P/E ratio history for National Shipping Company of Saudi Arabia (Bahri) from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2016 | 9.87 | -2.02% |
| 2015 | 10.1 |
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.