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.
Year | P/E ratio | Change |
---|---|---|
2022 | 85.7 | -3541.78% |
2021 | -2.49 | -65.11% |
2020 | -7.13 | 4.05% |
2019 | -6.86 | -108.27% |
2018 | 82.9 | 88.73% |
2017 | 43.9 | 464.5% |
2016 | 7.79 | -63.52% |
2015 | 21.3 | -134.1% |
2014 | -62.6 | |
2012 | 86.7 | -1483.3% |
2011 | -6.27 |
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.