P/E ratio for Zad Holding Company (ZHCD.QA)
P/E ratio as of May 2024 (TTM): 19.8
According to Zad Holding Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8023. At the end of 2022 the company had a P/E ratio of 20.6.
P/E ratio history for Zad Holding Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.6 | -8.2% |
| 2021 | 22.4 | 27.26% |
| 2020 | 17.6 | 13.36% |
| 2019 | 15.5 | 34.38% |
| 2018 | 11.6 | 31.35% |
| 2017 | 8.80 | -23.27% |
| 2016 | 11.5 | 0.59% |
| 2015 | 11.4 | 14.39% |
| 2014 | 9.96 | -16.7% |
| 2013 | 12.0 | 33.28% |
| 2012 | 8.98 |
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.