According to Bank Albilad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7915. At the end of 2022 the company had a P/E ratio of 16.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.9 | 3.41% |
2021 | 16.4 | 30.75% |
2020 | 12.5 | -2.76% |
2019 | 12.9 | -37.64% |
2018 | 20.7 | 95.87% |
2017 | 10.5 | -12.09% |
2016 | 12.0 | -4.06% |
2015 | 12.5 | -24.45% |
2014 | 16.6 | 7.62% |
2013 | 15.4 | 113.15% |
2012 | 7.22 |
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.