Baazeem Trading Company
4051.SR
#7948
Rank
โ‚น14.56 B
Marketcap
โ‚น143.82
Share price
1.26%
Change (1 day)
-2.98%
Change (1 year)

P/E ratio for Baazeem Trading Company (4051.SR)

P/E ratio as of September 2024 (TTM): 2.72

According to Baazeem Trading Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.72372. At the end of 2022 the company had a P/E ratio of 2.72.

P/E ratio history for Baazeem Trading Company from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.72-48.62%
20215.2949.31%
20203.5473.21%
20192.04

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.