P/E ratio for SAPTCO (Saudi Public Transport Company) (4040.SR)
P/E ratio as of May 2024 (TTM): 59.7
According to SAPTCO (Saudi Public Transport Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.7295. At the end of 2022 the company had a P/E ratio of -22.1.
P/E ratio history for SAPTCO (Saudi Public Transport Company) from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -22.1 | 89.45% |
| 2021 | -11.6 | 88.78% |
| 2020 | -6.17 | -109.89% |
| 2019 | 62.4 | -28.22% |
| 2018 | 86.9 | 227.73% |
| 2017 | 26.5 | 74.52% |
| 2016 | 15.2 | 51.89% |
| 2015 | 10.0 | -69.06% |
| 2014 | 32.3 | -24.39% |
| 2013 | 42.7 | 54.24% |
| 2012 | 27.7 | 59.02% |
| 2011 | 17.4 |
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.