P/E ratio for Etihad Etisalat (Mobily) (7020.SR)
P/E ratio as of April 2024 (TTM): 19.1
According to Etihad Etisalat (Mobily)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1293. 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 |
|---|---|---|
| 2022 | 16.3 | -26.81% |
| 2021 | 22.3 | -20.79% |
| 2020 | 28.1 | -94.38% |
| 2019 | 500 | -582.51% |
| 2018 | -104 | 551.16% |
| 2017 | -15.9 | -81.11% |
| 2016 | -84.3 | 325.95% |
| 2015 | -19.8 | -83.89% |
| 2014 | -123 | -1270.34% |
| 2013 | 10.5 | 18.74% |
| 2012 | 8.84 |
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.