Tamdeen Real Estate Company
TAM.KW
#6643
Rank
HK$4.01 B
Marketcap
HK$8,822
Share price
-0.29%
Change (1 day)
-0.43%
Change (1 year)

P/E ratio for Tamdeen Real Estate Company (TAM.KW)

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

According to Tamdeen Real Estate Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7382.04. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Tamdeen Real Estate Company from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-16.36%
2021> 1000-247.68%
2020< -1000-149.17%
2019> 1000-35.81%
2018> 100033.58%
2017> 1000-26.94%
2016> 10001.13%
2015> 100012.64%
2014> 100045%
2013> 1000-15.39%
2012> 1000-8.65%
2011> 1000911.14%
2010> 1000-94.61%
2009> 1000385.96%
2008> 1000-32.12%
2007> 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.