P/E ratio for Qatar Insurance Company (QATI.QA)
P/E ratio as of May 2024 (TTM): -28.8
According to Qatar Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.844. At the end of 2022 the company had a P/E ratio of -7.79.
P/E ratio history for Qatar Insurance Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.79 | -140.77% |
| 2021 | 19.1 | -103.23% |
| 2020 | -591 | -3351.49% |
| 2019 | 18.2 | 1.78% |
| 2018 | 17.8 | -56.21% |
| 2017 | 40.7 | 106.1% |
| 2016 | 19.8 | 37.62% |
| 2015 | 14.4 | 0.65% |
| 2014 | 14.3 | 25.82% |
| 2013 | 11.3 | 16.37% |
| 2012 | 9.75 |
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.