According to Saudi Paper Manufacturing Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5485. At the end of 2022 the company had a P/E ratio of 14.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.4 | -19.66% |
2021 | 18.0 | -74.28% |
2020 | 69.9 | -942.06% |
2019 | -8.30 | 175.46% |
2018 | -3.01 | -61.72% |
2017 | -7.87 | 19.03% |
2016 | -6.61 | 1.42% |
2015 | -6.52 | -114.73% |
2014 | 44.3 | 13.74% |
2013 | 38.9 | 254.58% |
2012 | 11.0 | -8.12% |
2011 | 12.0 | -6.1% |
2010 | 12.7 |
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.