According to Yanbu National Petrochemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.7176. At the end of 2023 the company had a P/E ratio of -44.3.
Year | P/E ratio | Change |
---|---|---|
2023 | -44.3 | -179.19% |
2022 | 55.9 | 121.5% |
2021 | 25.3 | -53.44% |
2020 | 54.2 | 88.61% |
2019 | 28.8 | 92.5% |
2018 | 14.9 | 6.87% |
2017 | 14.0 | 6.97% |
2016 | 13.1 | -12.27% |
2015 | 14.9 | 37.13% |
2014 | 10.9 | -29.82% |
2013 | 15.5 | 40.28% |
2012 | 11.0 | 42.82% |
2011 | 7.73 | -51.73% |
2010 | 16.0 |
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.