P/E ratio for Kuwait National Cinema Company (KCIN.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Kuwait National Cinema Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12721.4. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for Kuwait National Cinema Company from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | -37.34% |
| 2021 | > 1000 | -294.77% |
| 2020 | < -1000 | -184.01% |
| 2019 | > 1000 | -4.76% |
| 2018 | > 1000 | -0.5% |
| 2017 | > 1000 | -5.04% |
| 2016 | > 1000 | 38.37% |
| 2015 | > 1000 | -16.8% |
| 2014 | > 1000 | -4.73% |
| 2013 | > 1000 | -31.11% |
| 2012 | > 1000 | -8.13% |
| 2011 | > 1000 | 12.2% |
| 2010 | > 1000 | -38.91% |
| 2009 | > 1000 | 45.45% |
| 2008 | > 1000 | 71.14% |
| 2007 | > 1000 | 12.15% |
| 2006 | > 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.