P/E ratio for Qatari Investors Group (QIGD.QA)
P/E ratio as of May 2024 (TTM): 9.76
According to Qatari Investors Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.76216. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Qatari Investors Group from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -24.05% |
| 2021 | 14.8 | -43.51% |
| 2020 | 26.2 | 74.67% |
| 2019 | 15.0 | -11.01% |
| 2018 | 16.9 | -6.05% |
| 2017 | 17.9 | -31.61% |
| 2016 | 26.2 | 43.15% |
| 2015 | 18.3 | -18.21% |
| 2014 | 22.4 | -10.69% |
| 2013 | 25.1 | 34.28% |
| 2012 | 18.7 | -26.89% |
| 2011 | 25.6 | -15.82% |
| 2010 | 30.4 |
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.