P/E ratio for Masraf Al Rayan (MARK.QA)
P/E ratio as of June 2024 (TTM): 18.3
According to Masraf Al Rayan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2633. At the end of 2022 the company had a P/E ratio of 23.1.
P/E ratio history for Masraf Al Rayan from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.1 | 9.66% |
| 2021 | 21.1 | 35.13% |
| 2020 | 15.6 | 14.76% |
| 2019 | 13.6 | -7.65% |
| 2018 | 14.7 | 4.35% |
| 2017 | 14.1 | 3.92% |
| 2016 | 13.6 | -0.12% |
| 2015 | 13.6 | -17.8% |
| 2014 | 16.6 | 21.88% |
| 2013 | 13.6 | 9.9% |
| 2012 | 12.4 |
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.