According to Gulf Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7280.73. At the end of 2022 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2022 | > 1000 | 132.49% |
2021 | > 1000 | -63.94% |
2020 | > 1000 | 2.09% |
2019 | > 1000 | -7.53% |
2018 | > 1000 | -36.91% |
2017 | > 1000 | 57.36% |
2016 | > 1000 | -11.05% |
2015 | > 1000 | 25.93% |
2014 | > 1000 | -11.38% |
2013 | > 1000 | -2.71% |
2012 | > 1000 |
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.