P/E ratio for National Bank of Kuwait (NBK.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to National Bank of Kuwait's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12939.5. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for National Bank of Kuwait from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | -19.71% |
| 2021 | 21.1 | -19.62% |
| 2020 | 26.2 | 46.25% |
| 2019 | 17.9 | 24.48% |
| 2018 | 14.4 | 3.28% |
| 2017 | 13.9 | 11.36% |
| 2016 | 12.5 | -12.4% |
| 2015 | 14.3 | -10.48% |
| 2014 | 16.0 | -4.81% |
| 2013 | 16.8 | 25.25% |
| 2012 | 13.4 | -37.01% |
| 2011 | 21.2 | 1181.6% |
| 2010 | 1.66 |
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.