P/E ratio for Dubai Islamic Bank (DIB.AE)
P/E ratio as of May 2024 (TTM): 7.15
According to Dubai Islamic Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.15065. At the end of 2021 the company had a P/E ratio of 10.2.
P/E ratio history for Dubai Islamic Bank from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.2 | -16.33% |
| 2020 | 12.1 | 50.83% |
| 2019 | 8.04 | 16.76% |
| 2018 | 6.89 | -23.21% |
| 2017 | 8.97 | 7.91% |
| 2016 | 8.31 | 9.63% |
| 2015 | 7.58 | -35.12% |
| 2014 | 11.7 | -16.67% |
| 2013 | 14.0 | 109.35% |
| 2012 | 6.70 | -10.21% |
| 2011 | 7.46 | -49.13% |
| 2010 | 14.7 |
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.