P/E ratio for Gulf Warehousing Company (GWCS.QA)
P/E ratio as of May 2024 (TTM): 8.67
According to Gulf Warehousing Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.66609. At the end of 2021 the company had a P/E ratio of 11.9.
P/E ratio history for Gulf Warehousing Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.9 | -6.3% |
| 2020 | 12.7 | 0.01% |
| 2019 | 12.7 | 34.83% |
| 2018 | 9.45 | -20.93% |
| 2017 | 12.0 | -24.01% |
| 2016 | 15.7 | -0.75% |
| 2015 | 15.8 | -17.1% |
| 2014 | 19.1 | -1.41% |
| 2013 | 19.4 | 8.12% |
| 2012 | 17.9 |
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.