P/E ratio for Dar Al Arkan Real Estate Development Company (4300.SR)
P/E ratio as of May 2024 (TTM): 28.6
According to Dar Al Arkan Real Estate Development Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.6066. At the end of 2022 the company had a P/E ratio of 28.4.
P/E ratio history for Dar Al Arkan Real Estate Development Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.4 | -66.08% |
| 2021 | 83.8 | -80.77% |
| 2020 | 436 | 1015.9% |
| 2019 | 39.1 | 104.27% |
| 2018 | 19.1 | -24.73% |
| 2017 | 25.4 | -5.73% |
| 2016 | 27.0 | 40.98% |
| 2015 | 19.1 | 19.93% |
| 2014 | 15.9 | 2.49% |
| 2013 | 15.6 | 69.36% |
| 2012 | 9.18 | 30.31% |
| 2011 | 7.05 |
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.