Dubai Islamic Bank
DIB.AE
#1280
Rank
A$22.09 B
Marketcap
$3.06
Share price
-0.71%
Change (1 day)
33.22%
Change (1 year)

P/E ratio for Dubai Islamic Bank (DIB.AE)

P/E ratio as of December 2024 (TTM): 8.90

According to Dubai Islamic Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.89766. At the end of 2022 the company had a P/E ratio of 8.16.

P/E ratio history for Dubai Islamic Bank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.16-19.64%
202110.2-16.33%
202012.150.83%
20198.0416.76%
20186.89-23.21%
20178.977.91%
20168.319.63%
20157.58-35.12%
201411.7-16.67%
201314.0109.35%
20126.70-10.21%
20117.46-49.13%
201014.7

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.