P/E ratio for Gulf International Services (GISS.QA)
P/E ratio as of May 2024 (TTM): 27.9
According to Gulf International Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.8992. 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 |
|---|---|---|
| 2022 | 9.35 | -84.19% |
| 2021 | 59.2 | -692.76% |
| 2020 | -9.98 | -113.27% |
| 2019 | 75.2 | -329.11% |
| 2018 | -32.8 | -185.32% |
| 2017 | 38.5 | -55.46% |
| 2016 | 86.4 | 625.8% |
| 2015 | 11.9 | -8.65% |
| 2014 | 13.0 | -2.65% |
| 2013 | 13.4 | 39.2% |
| 2012 | 9.62 | -15.74% |
| 2011 | 11.4 | 30.13% |
| 2010 | 8.77 |
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.