P/E ratio for Qatar Electricity & Water Company (QEWS.QA)
P/E ratio as of May 2024 (TTM): 9.89
According to Qatar Electricity & Water Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.88595. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Qatar Electricity & Water Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -9.09% |
| 2021 | 12.5 | -27.39% |
| 2020 | 17.2 | 38.6% |
| 2019 | 12.4 | -6.34% |
| 2018 | 13.2 | 9.29% |
| 2017 | 12.1 | -25.16% |
| 2016 | 16.2 | 2.24% |
| 2015 | 15.8 | 16.86% |
| 2014 | 13.6 | 3.66% |
| 2013 | 13.1 | 44.56% |
| 2012 | 9.04 | -15.79% |
| 2011 | 10.7 | -2.13% |
| 2010 | 11.0 |
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.