Gulf Bank
GBK.KW
#3029
Rank
โ‚ฌ3.92 B
Marketcap
1.035ย โ‚ฌ
Share price
1.23%
Change (1 day)
31.15%
Change (1 year)

P/E ratio for Gulf Bank (GBK.KW)

P/E ratio as of December 2024 (TTM): > 1000

According to Gulf Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16037.3. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Gulf Bank from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-30.61%
2021> 1000-0.33%
2020> 100060.81%
2019> 10009.8%
2018> 1000-5.35%
2017> 1000-16.28%
2016> 1000-20.3%
2015> 1000-11.72%
2014> 1000-38.3%
2013> 100010.06%
2012> 1000

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.