P/E ratio for Saudia Dairy & Foodstuff Company (2270.SR)
P/E ratio as of May 2024 (TTM): 28.2
According to Saudia Dairy & Foodstuff Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.216. At the end of 2023 the company had a P/E ratio of 24.6.
P/E ratio history for Saudia Dairy & Foodstuff Company from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 24.6 | -9.94% |
| 2022 | 27.3 | 37.08% |
| 2021 | 19.9 | 23.72% |
| 2020 | 16.1 | 4.83% |
| 2019 | 15.4 | 5.09% |
| 2018 | 14.6 | 3.25% |
| 2017 | 14.2 | -7.13% |
| 2016 | 15.2 | -45.76% |
| 2015 | 28.1 | 56.35% |
| 2014 | 18.0 | |
| 2012 | 12.3 | 14.25% |
| 2011 | 10.8 | 50.09% |
| 2010 | 7.18 |
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.