P/E ratio for Doha Insurance Group (DOHI.QA)
P/E ratio as of May 2024 (TTM): 7.74
According to Doha Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.7406. At the end of 2022 the company had a P/E ratio of 9.42.
P/E ratio history for Doha Insurance Group from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.42 | -26.38% |
| 2021 | 12.8 | 10.34% |
| 2020 | 11.6 | 1.75% |
| 2019 | 11.4 | 5.38% |
| 2018 | 10.8 | -35.09% |
| 2017 | 16.7 | 31.87% |
| 2016 | 12.6 | 32.73% |
| 2015 | 9.52 | -35.86% |
| 2014 | 14.8 | 54.97% |
| 2013 | 9.58 | -8.67% |
| 2012 | 10.5 | 30.14% |
| 2011 | 8.06 | -8.85% |
| 2010 | 8.84 |
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.