P/E ratio for Salhia Real Estate Company (SRE.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Salhia Real Estate Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13292. At the end of 2022 the company had a P/E ratio of 18.1.
P/E ratio history for Salhia Real Estate Company from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.1 | -34.52% |
| 2021 | 27.6 | 141.95% |
| 2020 | 11.4 | 21.96% |
| 2019 | 9.37 | 1.87% |
| 2018 | 9.20 | -14.88% |
| 2017 | 10.8 | -24.08% |
| 2016 | 14.2 | -8.39% |
| 2015 | 15.5 | 1.72% |
| 2014 | 15.3 | 34.42% |
| 2013 | 11.4 | -43.99% |
| 2012 | 20.3 | 115.3% |
| 2011 | 9.42 | 4.28% |
| 2010 | 9.04 | -12.12% |
| 2009 | 10.3 | -151.02% |
| 2008 | -20.2 | |
| 2006 | 3.82 |
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.