According to Gulf Investment House Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 168631. At the end of 2022 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2022 | > 1000 | 897.29% |
2021 | > 1000 | -112.26% |
2020 | < -1000 | -231.57% |
2019 | > 1000 | 55024.74% |
2018 | 228 | -104.4% |
2017 | < -1000 | 77.82% |
2016 | < -1000 | 308.22% |
2015 | -715 | -85.68% |
2014 | < -1000 | 15.65% |
2013 | < -1000 | -92.16% |
2012 | < -1000 | 3419.41% |
2011 | < -1000 | 36.06% |
2010 | < -1000 | -43.9% |
2009 | < -1000 | -147.67% |
2008 | > 1000 | -48.4% |
2007 | > 1000 | 14.94% |
2006 | > 1000 |
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.