P/E ratio for Commercial Bank of Dubai (CBD.AE)
P/E ratio as of May 2024 (TTM): 8.46
According to Commercial Bank of Dubai's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46005. At the end of 2021 the company had a P/E ratio of 9.26.
P/E ratio history for Commercial Bank of Dubai from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.26 | -2.58% |
| 2020 | 9.50 | 18.75% |
| 2019 | 8.00 | -18% |
| 2018 | 9.76 | -14.34% |
| 2017 | 11.4 | -21.15% |
| 2016 | 14.4 | -12.87% |
| 2015 | 16.6 | 37.1% |
| 2014 | 12.1 | 37.61% |
| 2013 | 8.79 | 23.03% |
| 2012 | 7.14 | 3.45% |
| 2011 | 6.90 | -16.19% |
| 2010 | 8.24 |
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.