Kuwait Cement Company
KCEM.KW
#6189
Rank
$0.43 B
Marketcap
$592.83
Share price
-3.19%
Change (1 day)
2.06%
Change (1 year)

P/E ratio for Kuwait Cement Company (KCEM.KW)

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

According to Kuwait Cement Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 97335.

P/E ratio history for Kuwait Cement Company from 2012 to 2023

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.