P/E ratio for Banque Saudi Fransi (1050.SR)
P/E ratio as of April 2024 (TTM): 11.4
According to Banque Saudi Fransi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4198. At the end of 2022 the company had a P/E ratio of 14.6.
P/E ratio history for Banque Saudi Fransi from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.6 | -16.44% |
| 2021 | 17.5 | -31.33% |
| 2020 | 25.5 | 74.15% |
| 2019 | 14.6 | 25.83% |
| 2018 | 11.6 | 19.97% |
| 2017 | 9.69 | 8.92% |
| 2016 | 8.90 | 6.49% |
| 2015 | 8.36 | -27.23% |
| 2014 | 11.5 | -23.18% |
| 2013 | 15.0 | 61.01% |
| 2012 | 9.29 |
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.