P/E ratio for Gulf Bank (GBK.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Gulf Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12761.7. At the end of 2022 the company had a P/E ratio of 15.3.
P/E ratio history for Gulf Bank from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.3 | -33.91% |
| 2021 | 23.2 | -0.33% |
| 2020 | 23.3 | 60.81% |
| 2019 | 14.5 | 9.8% |
| 2018 | 13.2 | -5.35% |
| 2017 | 13.9 | -16.28% |
| 2016 | 16.6 | -20.3% |
| 2015 | 20.9 | -11.72% |
| 2014 | 23.7 | -38.3% |
| 2013 | 38.3 | 10.06% |
| 2012 | 34.8 |
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.