P/E ratio for Deyaar Development (DEYAAR.AE)
P/E ratio as of June 2024 (TTM): 9.73
According to Deyaar Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.73064. At the end of 2021 the company had a P/E ratio of 72.8.
P/E ratio history for Deyaar Development from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 72.8 | -1085.2% |
| 2020 | -7.39 | -124.49% |
| 2019 | 30.2 | 120.1% |
| 2018 | 13.7 | -36.8% |
| 2017 | 21.7 | 30.79% |
| 2016 | 16.6 | 57.64% |
| 2015 | 10.5 | -45.47% |
| 2014 | 19.3 | -49.02% |
| 2013 | 37.8 | -29.6% |
| 2012 | 53.7 | 63.97% |
| 2011 | 32.8 | -5506.26% |
| 2010 | -0.6061 |
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.