According to Saudi Telecom Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2862. At the end of 2022 the company had a P/E ratio of 15.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.2 | -23.16% |
2021 | 19.8 | 2.95% |
2020 | 19.3 | 0.72% |
2019 | 19.1 | 12.14% |
2018 | 17.1 | 25.61% |
2017 | 13.6 | -16.62% |
2016 | 16.3 | 10.23% |
2015 | 14.8 | 23.41% |
2014 | 12.0 | 10.59% |
2013 | 10.8 | -8.96% |
2012 | 11.9 |
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.