Dubai Refreshment
DRC.AE
#6420
Rank
S$0.80 B
Marketcap
$8.91
Share price
0.00%
Change (1 day)
35.44%
Change (1 year)

P/E ratio for Dubai Refreshment (DRC.AE)

P/E ratio as of November 2024 (TTM): 6.07

According to Dubai Refreshment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.07376. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Dubai Refreshment from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.3-11.79%
202115.0-12.09%
202017.16.52%
201916.1-19.83%
201820.034.1%
201714.9-18.17%
201618.343.47%
201512.7-5.59%
201413.547.63%
20139.1432%
20126.92-4.84%
20117.2721.41%
20105.99

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.