P/E ratio for Boubyan Bank (BOUBYAN.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Boubyan Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37799.1. At the end of 2022 the company had a P/E ratio of 58.2.
P/E ratio history for Boubyan Bank from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 58.2 | 13.21% |
| 2021 | 51.4 | -13.86% |
| 2020 | 59.7 | 89.62% |
| 2019 | 31.5 | 20.75% |
| 2018 | 26.1 | 11.29% |
| 2017 | 23.4 | 5.43% |
| 2016 | 22.2 | -17.34% |
| 2015 | 26.9 | -3.64% |
| 2014 | 27.9 | -63.84% |
| 2013 | 77.2 | -30.42% |
| 2012 | 111 |
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.