According to Buruj Cooperative Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0539. At the end of 2022 the company had a P/E ratio of -16.8.
Year | P/E ratio | Change |
---|---|---|
2022 | -16.8 | -110.62% |
2021 | 158 | 14.92% |
2020 | 137 | -0.46% |
2019 | 138 | 1194.05% |
2018 | 10.7 | 27.12% |
2017 | 8.39 | 26.7% |
2016 | 6.62 | -53.39% |
2015 | 14.2 | -39.19% |
2014 | 23.4 | -80.74% |
2013 | 121 | -414.8% |
2012 | -38.5 | -28% |
2011 | -53.5 |
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.