P/E ratio for Burgan Bank (BURG.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Burgan Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19339.9. At the end of 2022 the company had a P/E ratio of 17.4.
P/E ratio history for Burgan Bank from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.4 | -12.64% |
| 2021 | 19.9 | -10.79% |
| 2020 | 22.3 | 68.26% |
| 2019 | 13.3 | 40.79% |
| 2018 | 9.42 | -28.24% |
| 2017 | 13.1 | 16.34% |
| 2016 | 11.3 | -10.45% |
| 2015 | 12.6 | -11.16% |
| 2014 | 14.2 | -67.63% |
| 2013 | 43.8 | 194.12% |
| 2012 | 14.9 |
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.