According to Bank Leumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1503. At the end of 2022 the company had a P/E ratio of 5.47.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.47 | -34.66% |
2021 | 8.37 | -38.06% |
2020 | 13.5 | 24.42% |
2019 | 10.9 | 7.01% |
2018 | 10.1 | -1.54% |
2017 | 10.3 | 20.53% |
2016 | 8.55 | 21.36% |
2015 | 7.05 | -45.73% |
2014 | 13.0 | 20.08% |
2013 | 10.8 | -48.24% |
2012 | 20.9 |
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.