P/E ratio for Qatar Fuel Company (WOQOD) (QFLS.QA)
P/E ratio as of May 2024 (TTM): 13.9
According to Qatar Fuel Company (WOQOD)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8792. At the end of 2021 the company had a P/E ratio of 18.6.
P/E ratio history for Qatar Fuel Company (WOQOD) from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.6 | -29.28% |
| 2020 | 26.3 | 40.14% |
| 2019 | 18.8 | 31.99% |
| 2018 | 14.2 | 33.74% |
| 2017 | 10.6 | -29.19% |
| 2016 | 15.0 | 26.49% |
| 2015 | 11.9 | -22.13% |
| 2014 | 15.2 | -5.94% |
| 2013 | 16.2 | 30.41% |
| 2012 | 12.4 |
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.