P/E ratio for Emirates Islamic Bank (EIB.AE)
P/E ratio as of April 2025 (TTM): 26.4
According to Emirates Islamic Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3754. At the end of 2023 the company had a P/E ratio of 16.5.
P/E ratio history for Emirates Islamic Bank from 2013 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.5 | -49.86% |
| 2022 | 32.9 | -33.15% |
| 2021 | 49.1 | -154.67% |
| 2020 | -89.9 | -275.46% |
| 2019 | 51.2 | -12.82% |
| 2018 | 58.8 | -22.65% |
| 2017 | 76.0 | 79.85% |
| 2016 | 42.2 | 402.75% |
| 2015 | 8.40 | -48.25% |
| 2014 | 16.2 | -7.56% |
| 2013 | 17.6 | -15.38% |
| 2012 | 20.8 | 399.99% |
| 2011 | 4.15 |
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.