Gulf International Services
GISS.QA
#4793
Rank
ยฃ1.23 B
Marketcap
ยฃ0.67
Share price
0.23%
Change (1 day)
13.43%
Change (1 year)

P/E ratio for Gulf International Services (GISS.QA)

P/E ratio as of November 2024 (TTM): 27.4

According to Gulf International Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.4217. At the end of 2022 the company had a P/E ratio of 9.35.

P/E ratio history for Gulf International Services from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.35-84.19%
202159.2-692.76%
2020-9.98-113.27%
201975.2-329.11%
2018-32.8-185.32%
201738.5-55.46%
201686.4625.8%
201511.9-8.65%
201413.0-2.65%
201313.439.2%
20129.62-15.74%
201111.430.13%
20108.77

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.