P/E ratio for Arzan Financial Group for Financing and Investment (ARZAN.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Arzan Financial Group for Financing and Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23010. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for Arzan Financial Group for Financing and Investment from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | -32.24% |
| 2021 | > 1000 | -467.26% |
| 2020 | < -1000 | -126.53% |
| 2019 | > 1000 | 91.35% |
| 2018 | > 1000 | -33.42% |
| 2017 | > 1000 | -64.87% |
| 2016 | > 1000 | -984.19% |
| 2015 | < -1000 | -142.48% |
| 2014 | > 1000 | -58.6% |
| 2013 | > 1000 | -94.32% |
| 2012 | > 1000 | -10091.35% |
| 2011 | < -1000 | -82.82% |
| 2010 | < -1000 | -418.07% |
| 2009 | > 1000 | -206.83% |
| 2008 | < -1000 | -138.59% |
| 2007 | > 1000 | -242.83% |
| 2006 | < -1000 |
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.