P/E ratio for Ezdan Holding Group (ERES.QA)
P/E ratio as of May 2024 (TTM): -814
According to Ezdan Holding Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -813.962. At the end of 2022 the company had a P/E ratio of 334.
P/E ratio history for Ezdan Holding Group from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 334 | -49.42% |
| 2021 | 660 | 382.79% |
| 2020 | 137 | 166.48% |
| 2019 | 51.3 | -32.85% |
| 2018 | 76.3 | 308.32% |
| 2017 | 18.7 | -15.83% |
| 2016 | 22.2 | -10.57% |
| 2015 | 24.8 | -15.59% |
| 2014 | 29.4 | -28.99% |
| 2013 | 41.4 | -77.23% |
| 2012 | 182 |
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.