P/E ratio for Bank Albilad (1140.SR)
P/E ratio as of May 2024 (TTM): 16.0
According to Bank Albilad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0486. At the end of 2022 the company had a P/E ratio of 21.2.
P/E ratio history for Bank Albilad from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.2 | 3.41% |
| 2021 | 20.5 | 30.75% |
| 2020 | 15.7 | -2.76% |
| 2019 | 16.1 | -37.64% |
| 2018 | 25.8 | 95.87% |
| 2017 | 13.2 | -12.09% |
| 2016 | 15.0 | -4.06% |
| 2015 | 15.6 | -24.45% |
| 2014 | 20.7 | 7.62% |
| 2013 | 19.2 | 113.15% |
| 2012 | 9.02 |
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.