P/E ratio for Emaar The Economic City (4220.SR)
P/E ratio as of May 2024 (TTM): -28.1
According to Emaar The Economic City's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.1244. At the end of 2022 the company had a P/E ratio of -8.25.
P/E ratio history for Emaar The Economic City from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.25 | -37.85% |
| 2021 | -13.3 | 110.15% |
| 2020 | -6.31 | -59.08% |
| 2019 | -15.4 | -68.87% |
| 2018 | -49.6 | -204.34% |
| 2017 | 47.5 | 134.06% |
| 2016 | 20.3 | -43.5% |
| 2015 | 35.9 | 31.94% |
| 2014 | 27.2 | -34.54% |
| 2013 | 41.6 | 9.76% |
| 2012 | 37.9 | -48.59% |
| 2011 | 73.7 |
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.