According to Emaar Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.34433. At the end of 2021 the company had a P/E ratio of 9.40.
Year | P/E ratio | Change |
---|---|---|
2021 | 9.40 | -24.04% |
2020 | 12.4 | 166.58% |
2019 | 4.64 | -0.16% |
2018 | 4.65 | -47.72% |
2017 | 8.90 | -5.16% |
2016 | 9.38 | -6.35% |
2015 | 10.0 | -38.43% |
2014 | 16.3 | -9.49% |
2013 | 18.0 | 65.14% |
2012 | 10.9 | 22.83% |
2011 | 8.86 | 0.42% |
2010 | 8.83 |
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.