Qatar Electricity & Water Company
QEWS.QA
#2830
Rank
A$7.33 B
Marketcap
$6.67
Share price
-0.13%
Change (1 day)
-7.94%
Change (1 year)

P/E ratio for Qatar Electricity & Water Company (QEWS.QA)

P/E ratio as of November 2024 (TTM): 10.4

According to Qatar Electricity & Water Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4488. At the end of 2022 the company had a P/E ratio of 11.3.

P/E ratio history for Qatar Electricity & Water Company from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.3-9.09%
202112.5-27.39%
202017.238.6%
201912.4-6.34%
201813.29.29%
201712.1-25.16%
201616.22.24%
201515.816.86%
201413.63.66%
201313.144.56%
20129.04-15.79%
201110.7-2.13%
201011.0

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.