P/E ratio for Warba Bank (WARBABANK.KW)
P/E ratio as of May 2024 (TTM): > 1000
According to Warba Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25420.9. At the end of 2022 the company had a P/E ratio of 31.8.
P/E ratio history for Warba Bank from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.8 | -29.95% |
| 2021 | 45.5 | -89.3% |
| 2020 | 425 | 1091.76% |
| 2019 | 35.7 | 20.05% |
| 2018 | 29.7 | -35.93% |
| 2017 | 46.4 | -45.9% |
| 2016 | 85.7 | -55.51% |
| 2015 | 193 | -88.83% |
| 2014 | > 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.