Deyaar Development
DEYAAR.AE
#5408
Rank
โ‚ฌ1.02 B
Marketcap
0,23ย โ‚ฌ
Share price
-0.88%
Change (1 day)
50.55%
Change (1 year)

P/E ratio for Deyaar Development (DEYAAR.AE)

P/E ratio as of November 2024 (TTM): 12.7

According to Deyaar Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7445. At the end of 2022 the company had a P/E ratio of 152.

P/E ratio history for Deyaar Development from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022152109.03%
202172.8-1085.2%
2020-7.39-124.49%
201930.2120.1%
201813.7-36.8%
201721.730.79%
201616.657.64%
201510.5-45.47%
201419.3-49.02%
201337.8-29.6%
201253.763.97%
201132.8-5506.26%
2010-0.6061

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.