Etihad Etisalat (Mobily)
7020.SR
#1575
Rank
$10.73 B
Marketcap
$13.94
Share price
0.58%
Change (1 day)
8.79%
Change (1 year)

P/E ratio for Etihad Etisalat (Mobily) (7020.SR)

P/E ratio as of December 2024 (TTM): 19.3

According to Etihad Etisalat (Mobily)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2903. At the end of 2022 the company had a P/E ratio of 16.3.

P/E ratio history for Etihad Etisalat (Mobily) from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.3-26.81%
202122.3-20.79%
202028.1-94.38%
2019500-582.51%
2018-104551.16%
2017-15.9-81.11%
2016-84.3325.95%
2015-19.8-83.89%
2014-123-1270.34%
201310.518.74%
20128.84

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.