Saudi Industrial Services Company
2190.SR
#6099
Rank
HK$5.55 B
Marketcap
HK$68.31
Share price
2.01%
Change (1 day)
7.06%
Change (1 year)

P/E ratio for Saudi Industrial Services Company (2190.SR)

P/E ratio as of December 2024 (TTM): 34.0

According to Saudi Industrial Services Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.9885. At the end of 2022 the company had a P/E ratio of 51.7.

P/E ratio history for Saudi Industrial Services Company from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202251.719.45%
202143.2127.51%
202019.0-38.05%
201930.760.42%
201819.120.99%
201715.835.39%
201611.75.27%
201511.1868.64%
20141.14-94.41%
201320.5-16.86%
201224.6-111.77%
2011-209-22.43%
2010-270

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.