P/E ratio for Saudi Arabian Fertilizer Company (2020.SR)
P/E ratio as of April 2024 (TTM): 10.7
According to Saudi Arabian Fertilizer Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6798. At the end of 2022 the company had a P/E ratio of 6.94.
P/E ratio history for Saudi Arabian Fertilizer Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.94 | -56.82% |
| 2021 | 16.1 | -36.74% |
| 2020 | 25.4 | 16.14% |
| 2019 | 21.9 | 18.41% |
| 2018 | 18.5 | -40.17% |
| 2017 | 30.9 | 2.19% |
| 2016 | 30.2 | 78.15% |
| 2015 | 17.0 | 14.77% |
| 2014 | 14.8 | -10.51% |
| 2013 | 16.5 |
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.