P/E ratio for Jarir (4190.SR)
P/E ratio as of April 2024 (TTM): 18.5
According to Jarir's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4992. At the end of 2022 the company had a P/E ratio of 18.6.
P/E ratio history for Jarir from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.6 | -21.66% |
| 2021 | 23.8 | 14.87% |
| 2020 | 20.7 | 2.71% |
| 2019 | 20.2 | 6.16% |
| 2018 | 19.0 | 16.14% |
| 2017 | 16.4 | 14.34% |
| 2016 | 14.3 | -17.61% |
| 2015 | 17.4 | -22.28% |
| 2014 | 22.3 | 2.02% |
| 2013 | 21.9 | 33.94% |
| 2012 | 16.4 |
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.