P/E ratio for Kuwait Insurance Company (KINS.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Kuwait Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11834.6. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for Kuwait Insurance Company from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | -62.79% |
| 2021 | > 1000 | -8.15% |
| 2020 | > 1000 | 0.24% |
| 2019 | > 1000 | -8.56% |
| 2018 | > 1000 | 18.82% |
| 2017 | > 1000 | -107.12% |
| 2016 | < -1000 | -965.92% |
| 2015 | > 1000 | -0.03% |
| 2014 | > 1000 | -14.57% |
| 2013 | > 1000 | -1.79% |
| 2012 | > 1000 | -9.33% |
| 2011 | > 1000 | -22.42% |
| 2010 | > 1000 | 46.85% |
| 2009 | > 1000 | -73.3% |
| 2008 | > 1000 | 873.78% |
| 2007 | > 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.