Saudi Investment Bank
1030.SR
#2884
Rank
C$6.47 B
Marketcap
$5.18
Share price
-0.29%
Change (1 day)
19.00%
Change (1 year)

P/E ratio for Saudi Investment Bank (1030.SR)

P/E ratio as of November 2024 (TTM): 8.86

According to Saudi Investment Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.85599. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Saudi Investment Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.2-13.88%
202111.916.72%
202010.2-88.03%
201984.9315.3%
201820.4211.32%
20176.57-19%
20168.1120.27%
20156.74-22.14%
20148.66-12.28%
20139.8713.14%
20128.72

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.