National Shipping Company of Saudi Arabia (Bahri)
4030.SR
#3262
Rank
$3.34 B
Marketcap
$6.80
Share price
1.39%
Change (1 day)
-24.24%
Change (1 year)

P/E ratio for National Shipping Company of Saudi Arabia (Bahri) (4030.SR)

P/E ratio as of June 2024 (TTM): 10.6

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 10.5604. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for National Shipping Company of Saudi Arabia (Bahri) from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.1-78.41%
202197.8541.8%
202015.2-59.6%
201937.7-8.11%
201841.175.56%
201723.456.65%
201614.9-1.14%
201515.1-52.91%
201432.181.23%
201317.7-1.42%
201218.0-10.02%
201120.0

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.