P/E ratio for Kuwait Real Estate Company (AQARAT) (KRE.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Kuwait Real Estate Company (AQARAT)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18995.8. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for Kuwait Real Estate Company (AQARAT) from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | -46.66% |
| 2021 | > 1000 | 8.71% |
| 2020 | > 1000 | 85.06% |
| 2019 | > 1000 | 78.88% |
| 2018 | > 1000 | -68.37% |
| 2017 | > 1000 | 96.23% |
| 2016 | > 1000 | -1.65% |
| 2015 | > 1000 | 36.9% |
| 2014 | > 1000 | -29.58% |
| 2013 | > 1000 | -49.07% |
| 2012 | > 1000 | |
| 2010 | -2.33 | -108.52% |
| 2009 | 27.3 | -74.93% |
| 2008 | 109 | |
| 2006 | 14.0 |
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.