P/E ratio for National Investments Company (Kuwait) (NINV.KW)
P/E ratio as of May 2024 (TTM): < -1000
According to National Investments Company (Kuwait)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -338688. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for National Investments Company (Kuwait) from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | 208.6% |
| 2021 | > 1000 | -115.85% |
| 2020 | < -1000 | -510.08% |
| 2019 | > 1000 | 17.63% |
| 2018 | > 1000 | 13.51% |
| 2017 | > 1000 | -142.4% |
| 2016 | < -1000 | 52.02% |
| 2015 | < -1000 | -168.71% |
| 2014 | > 1000 | -12.63% |
| 2013 | > 1000 | 19.94% |
| 2012 | > 1000 | -432.38% |
| 2011 | < -1000 | -112.42% |
| 2010 | > 1000 | -483.4% |
| 2009 | < -1000 | -35.07% |
| 2008 | < -1000 | -271.93% |
| 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.