Sukoon Insurance
SUKOON.AE
#6864
Rank
$0.44 B
Marketcap
$0.97
Share price
0.00%
Change (1 day)
0.68%
Change (1 year)

P/E ratio for Sukoon Insurance (SUKOON.AE)

P/E ratio as of November 2024 (TTM): 6.34

According to Sukoon Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.3383. At the end of 2022 the company had a P/E ratio of 6.43.

P/E ratio history for Sukoon Insurance from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.4311.26%
20215.7824.44%
20204.64-19.25%
20195.75-93.61%
201890.01050%
20177.83-4.97%
20168.24-31.37%
201512.096%
20146.12-11.56%
20136.92-54.87%
201215.3

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.