The Saudi National Bank
1180.SR
#235
Rank
$62.60 B
Marketcap
$14.11
Share price
0.38%
Change (1 day)
-17.77%
Change (1 year)

P/E ratio for The Saudi National Bank (1180.SR)

P/E ratio as of November 2022 (TTM): 13.7

According to The Saudi National Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7033. At the end of 2021 the company had a P/E ratio of 21.5.

P/E ratio history for The Saudi National Bank from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202121.580.14%
202012.0-10.84%
201913.4-3.29%
201813.919.5%
201711.626.63%
20169.16-17.67%
201511.1-14.13%
201413.0

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.