Gulf Union Alahlia Cooperative Insurance
8120.SR
#6585
Rank
$0.29 B
Marketcap
$6.38
Share price
2.31%
Change (1 day)
136.30%
Change (1 year)

P/E ratio for Gulf Union Alahlia Cooperative Insurance (8120.SR)

P/E ratio as of May 2024 (TTM): 8.48

According to Gulf Union Alahlia Cooperative Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.4814. At the end of 2022 the company had a P/E ratio of 85.7.

P/E ratio history for Gulf Union Alahlia Cooperative Insurance from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202285.7-3541.78%
2021-2.49-65.11%
2020-7.134.05%
2019-6.86-108.27%
201882.988.73%
201743.9464.5%
20167.79-63.52%
201521.3-134.1%
2014-62.6
201286.7-1483.3%
2011-6.27

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.