Al Ahli Bank of Kuwait
ABK.KW
#4179
Rank
$2.16 B
Marketcap
$868.86
Share price
-0.74%
Change (1 day)
27.32%
Change (1 year)

P/E ratio for Al Ahli Bank of Kuwait (ABK.KW)

P/E ratio as of December 2024 (TTM): > 1000

According to Al Ahli Bank of Kuwait's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18536.9. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Al Ahli Bank of Kuwait from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 100031.88%
2021> 1000-561.66%
2020< -1000-123.18%
2019> 100061.65%
2018> 1000-14.54%
2017> 1000-6.65%
2016> 1000-27.67%
2015> 100012.56%
2014> 1000-17.49%
2013> 1000-22.85%
2012> 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.