Budget Saudi (United International Transportation Company)
4260.SR
#4713
Rank
$1.58 B
Marketcap
$20.22
Share price
1.20%
Change (1 day)
-1.49%
Change (1 year)

P/E ratio for Budget Saudi (United International Transportation Company) (4260.SR)

P/E ratio as of December 2024 (TTM): 19.6

According to Budget Saudi (United International Transportation Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6457. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for Budget Saudi (United International Transportation Company) from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-13.93%
202115.110.98%
202013.6-5.88%
201914.428.38%
201811.2-10.97%
201712.61.69%
201612.47.53%
201511.5-31%
201416.714.69%
201314.638.44%
201210.512.5%
20119.36-12.26%
201010.7

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.