According to GO (Etihad Atheeb Telecommunication Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.654363. At the end of 2023 the company had a P/E ratio of 12.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.5 | -190.44% |
2022 | -13.8 | -33.59% |
2021 | -20.7 | 485.46% |
2020 | -3.54 | -25.56% |
2019 | -4.76 | -33.69% |
2018 | -7.18 | 375.44% |
2017 | -1.51 | -65.97% |
2016 | -4.44 | -75.43% |
2015 | -18.1 | 65.38% |
2014 | -10.9 | |
2012 | -20.6 | 1642.2% |
2011 | -1.18 | -75.24% |
2010 | -4.78 |
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.