P/E ratio for Salam International Investment (SIIS.QA)
P/E ratio as of June 2024 (TTM): -335
According to Salam International Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -335.138. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Salam International Investment from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | -23.62% |
| 2021 | 15.2 | -396.84% |
| 2020 | -5.11 | -80.2% |
| 2019 | -25.8 | 377.78% |
| 2018 | -5.40 | -31.03% |
| 2017 | -7.83 | -170.86% |
| 2016 | 11.1 | -7.68% |
| 2015 | 12.0 | -48.91% |
| 2014 | 23.4 | 82.31% |
| 2013 | 12.9 | -25.01% |
| 2012 | 17.1 | 97.33% |
| 2011 | 8.68 | 22.08% |
| 2010 | 7.11 |
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.