P/E ratio for Saudi Real Estate Company (Al Akaria) (4020.SR)
P/E ratio as of May 2024 (TTM): -97.1
According to Saudi Real Estate Company (Al Akaria)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -97.0953. At the end of 2022 the company had a P/E ratio of 39.1.
P/E ratio history for Saudi Real Estate Company (Al Akaria) from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.1 | -55.65% |
| 2021 | 88.3 | -438.58% |
| 2020 | -26.1 | 47.55% |
| 2019 | -17.7 | 9.7% |
| 2018 | -16.1 | -178.11% |
| 2017 | 20.6 | -53.07% |
| 2016 | 43.9 | 134.75% |
| 2015 | 18.7 | 24.77% |
| 2014 | 15.0 | -42.31% |
| 2013 | 26.0 | 13.7% |
| 2012 | 22.9 | 9.1% |
| 2011 | 21.0 |
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.