According to Dubai Refreshment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.47478. At the end of 2022 the company had a P/E ratio of 13.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.3 | -11.79% |
2021 | 15.0 | -12.09% |
2020 | 17.1 | 6.52% |
2019 | 16.1 | -19.83% |
2018 | 20.0 | 34.1% |
2017 | 14.9 | -18.17% |
2016 | 18.3 | 43.47% |
2015 | 12.7 | -5.59% |
2014 | 13.5 | 47.63% |
2013 | 9.14 | 32% |
2012 | 6.92 | -4.84% |
2011 | 7.27 | 21.41% |
2010 | 5.99 |
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.