Warba Bank
WARBABANK.KW
#5010
Rank
HK$10.66 B
Marketcap
HK$4,884
Share price
-0.52%
Change (1 day)
14.13%
Change (1 year)

P/E ratio for Warba Bank (WARBABANK.KW)

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

According to Warba Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26664.3. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Warba Bank from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-29.95%
2021> 1000-89.3%
2020> 10001091.76%
2019> 100020.05%
2018> 1000-35.93%
2017> 1000-45.9%
2016> 1000-55.51%
2015> 1000-88.83%
2014> 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.