P/E ratio for Dubai Financial Market (DFM) (DFM.AE)
P/E ratio as of May 2024 (TTM): 52.9
According to Dubai Financial Market (DFM)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.9381. At the end of 2021 the company had a P/E ratio of 218.
P/E ratio history for Dubai Financial Market (DFM) from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 218 | 299.34% |
| 2020 | 54.7 | -11.76% |
| 2019 | 62.0 | 24.16% |
| 2018 | 49.9 | 29.3% |
| 2017 | 38.6 | -1.13% |
| 2016 | 39.1 | 6.53% |
| 2015 | 36.7 | 65.09% |
| 2014 | 22.2 | -66.64% |
| 2013 | 66.6 | -74.4% |
| 2012 | 260 | -130.95% |
| 2011 | -840 | -656.29% |
| 2010 | 151 |
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.