P/E ratio for The Commercial Bank (P.S.Q.C.) (CBQK.QA)
P/E ratio as of May 2024 (TTM): 5.88
According to The Commercial Bank (P.S.Q.C.)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.88386. At the end of 2021 the company had a P/E ratio of 13.5.
P/E ratio history for The Commercial Bank (P.S.Q.C.) from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.5 | |
| 2018 | 11.3 | -63.78% |
| 2017 | 31.1 | -35.4% |
| 2016 | 48.1 | 309.77% |
| 2015 | 11.7 | -1.79% |
| 2014 | 12.0 | 9.6% |
| 2013 | 10.9 | 25.21% |
| 2012 | 8.71 |
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.