P/E ratio for Medgulf (The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company) (8030.SR)
P/E ratio as of April 2025 (TTM): 48.2
According to Medgulf (The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.2226. At the end of 2022 the company had a P/E ratio of -2.98.
P/E ratio history for Medgulf (The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company) from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.98 | -76.78% |
| 2021 | -12.8 | -123.1% |
| 2020 | 55.5 | -85.96% |
| 2019 | 396 | -9621.33% |
| 2018 | -4.15 | 26.45% |
| 2017 | -3.29 | -108.29% |
| 2016 | 39.6 | -480.14% |
| 2015 | -10.4 | -143.47% |
| 2014 | 24.0 | -237.49% |
| 2013 | -17.4 | -255.45% |
| 2012 | 11.2 | 22.44% |
| 2011 | 9.17 | -4.72% |
| 2010 | 9.62 |
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.