P/E ratio for Emirates NBD Bank PJSC (EMIRATESNBD.AE)
P/E ratio as of May 2024 (TTM): 5.08
According to Emirates NBD Bank PJSC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.0756. At the end of 2021 the company had a P/E ratio of 9.82.
P/E ratio history for Emirates NBD Bank PJSC from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.82 | -8.66% |
| 2020 | 10.8 | 38.39% |
| 2019 | 7.77 | 57.21% |
| 2018 | 4.94 | -15.64% |
| 2017 | 5.86 | -17.21% |
| 2016 | 7.08 | 14.36% |
| 2015 | 6.19 | -40.29% |
| 2014 | 10.4 | -14.07% |
| 2013 | 12.1 | 73.46% |
| 2012 | 6.95 | -3.06% |
| 2011 | 7.17 | -3.52% |
| 2010 | 7.43 |
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.