National Investments Company (Kuwait)
NINV.KW
#6218
Rank
$0.66 B
Marketcap
$830.62
Share price
0.39%
Change (1 day)
26.52%
Change (1 year)

P/E ratio for National Investments Company (Kuwait) (NINV.KW)

P/E ratio as of November 2024 (TTM): < -1000

According to National Investments Company (Kuwait)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -332175. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for National Investments Company (Kuwait) from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000208.6%
2021> 1000-115.85%
2020< -1000-510.08%
2019> 100017.63%
2018> 100013.51%
2017> 1000-142.4%
2016< -100052.02%
2015< -1000-168.71%
2014> 1000-12.63%
2013> 100019.94%
2012> 1000-432.38%
2011< -1000-112.42%
2010> 1000-483.4%
2009< -1000-35.07%
2008< -1000-271.93%
2007> 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.