Commercial Bank of Dubai
CBD.AE
#2443
Rank
C$8.35 B
Marketcap
$2.80
Share price
-0.41%
Change (1 day)
59.66%
Change (1 year)

P/E ratio for Commercial Bank of Dubai (CBD.AE)

P/E ratio as of November 2024 (TTM): 9.36

According to Commercial Bank of Dubai's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.35709. At the end of 2022 the company had a P/E ratio of 7.96.

P/E ratio history for Commercial Bank of Dubai from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.96-14.04%
20219.26-2.58%
20209.5018.75%
20198.00-18%
20189.76-14.34%
201711.4-21.15%
201614.4-12.87%
201516.637.1%
201412.137.61%
20138.7923.03%
20127.143.45%
20116.90-16.19%
20108.24

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.