Al-Ahleia Insurance
AINS.KW
#6627
Rank
HK$4.06 B
Marketcap
HK$18,760
Share price
0.14%
Change (1 day)
23.50%
Change (1 year)

P/E ratio for Al-Ahleia Insurance (AINS.KW)

P/E ratio as of November 2024 (TTM): > 1000

According to Al-Ahleia Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9784.18. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Al-Ahleia Insurance from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-19.4%
2021> 1000-2.1%
2020> 1000-2.53%
2019> 1000-7.3%
2018> 1000-16.24%
2017> 10005.96%
2016> 100015.67%
2015> 1000-21.68%
2014> 100019.54%
2013> 1000-6.51%
2012> 1000-17.61%
2011> 100020.93%
2010> 100030.26%
2009> 1000-159.37%
2008< -1000-325.76%
2007> 1000-24.75%
2006> 1000

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.