Gulf Insurance Group
GINS.KW
#5397
Rank
โ‚น92.01 B
Marketcap
โ‚น3,23,335
Share price
0.00%
Change (1 day)
-34.34%
Change (1 year)

P/E ratio for Gulf Insurance Group (GINS.KW)

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

According to Gulf Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6857.25. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Gulf Insurance Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000132.49%
2021> 1000-63.94%
2020> 10002.09%
2019> 1000-7.53%
2018> 1000-36.91%
2017> 100057.36%
2016> 1000-11.05%
2015> 100025.93%
2014> 1000-11.38%
2013> 1000-2.71%
2012> 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.