Riyad Bank
1010.SR
#951
Rank
โ‚ฌ19.44 B
Marketcap
6,49ย โ‚ฌ
Share price
1.74%
Change (1 day)
-7.78%
Change (1 year)

P/E ratio for Riyad Bank (1010.SR)

P/E ratio as of November 2024 (TTM): 9.95

According to Riyad Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.95159. At the end of 2022 the company had a P/E ratio of 13.6.

P/E ratio history for Riyad Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.60.41%
202113.64.64%
202012.90.35%
201912.9-27.74%
201817.987.36%
20179.53-9.63%
201610.514.62%
20159.20-31.27%
201413.46.12%
201312.626.68%
20129.96

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.