Saudi Industrial Investment Group
2250.SR
#3167
Rank
NZ$6.22 B
Marketcap
$8.25
Share price
1.06%
Change (1 day)
-23.11%
Change (1 year)

P/E ratio for Saudi Industrial Investment Group (2250.SR)

P/E ratio as of September 2024 (TTM): 95.7

According to Saudi Industrial Investment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 95.6769. At the end of 2020 the company had a P/E ratio of 137.

P/E ratio history for Saudi Industrial Investment Group from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2020137676.33%
201917.6
20161451594.93%
20158.58

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.