Petro Rabigh
2380.SR
#3232
Rank
โ‚น310.00 B
Marketcap
โ‚น185.52
Share price
-0.49%
Change (1 day)
-21.55%
Change (1 year)

P/E ratio for Petro Rabigh (2380.SR)

P/E ratio as of December 2024 (TTM): -2.35

According to Petro Rabigh 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.34599. At the end of 2022 the company had a P/E ratio of -12.0.

P/E ratio history for Petro Rabigh from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-12.0-236.23%
20218.83-376.09%
2020-3.20-90.84%
2019-34.9-240.99%
201824.8145.38%
201710.1-95.72%
2016236-1791.22%
2015-14.0-160.91%
201422.9-60.32%
201357.784.24%
201231.3-89.29%
2011293

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.