P/E ratio for Saudi Printing and Packaging Company (4270.SR)
P/E ratio as of May 2024 (TTM): -12.4
According to Saudi Printing and Packaging Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4291. At the end of 2022 the company had a P/E ratio of -120.
P/E ratio history for Saudi Printing and Packaging Company from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -120 | 439.18% |
| 2021 | -22.2 | -69.52% |
| 2020 | -72.8 | 261.05% |
| 2019 | -20.2 | 12.24% |
| 2018 | -18.0 | 3.22% |
| 2017 | -17.4 | -50.67% |
| 2016 | -35.3 | -148.53% |
| 2015 | 72.7 | 189.14% |
| 2014 | 25.1 | -4.94% |
| 2013 | 26.4 | 47.82% |
| 2012 | 17.9 | -42.92% |
| 2011 | 31.3 |
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.