P/E ratio for Doha Bank (DHBK.QA)
P/E ratio as of May 2024 (TTM): 9.00
According to Doha Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.99728. At the end of 2022 the company had a P/E ratio of 7.81.
P/E ratio history for Doha Bank from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.81 | -43.85% |
| 2021 | 13.9 | -5.95% |
| 2020 | 14.8 | 5.25% |
| 2019 | 14.1 | 26.63% |
| 2018 | 11.1 | 23.52% |
| 2017 | 8.99 | -16.99% |
| 2016 | 10.8 | 11.42% |
| 2015 | 9.72 | -18.18% |
| 2014 | 11.9 | 12.02% |
| 2013 | 10.6 | 33.02% |
| 2012 | 7.97 | -23.79% |
| 2011 | 10.5 | -10.55% |
| 2010 | 11.7 |
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.