Saudi Tadawul Group Holding Company
1111.SR
#2076
Rank
NZ$13.11 B
Marketcap
$109.33
Share price
-1.13%
Change (1 day)
39.00%
Change (1 year)

P/E ratio for Saudi Tadawul Group Holding Company (1111.SR)

P/E ratio as of November 2024 (TTM): 75.7

According to Saudi Tadawul Group Holding Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.7422. At the end of 2022 the company had a P/E ratio of 51.8.

P/E ratio history for Saudi Tadawul Group Holding Company from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202251.8101.58%
202125.7

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.