Estithmar Holding
IGRD.QA
#4657
Rank
ยฃ1.33 B
Marketcap
ยฃ0.39
Share price
-0.22%
Change (1 day)
-12.56%
Change (1 year)

P/E ratio for Estithmar Holding (IGRD.QA)

P/E ratio as of November 2024 (TTM): 14.5

According to Estithmar Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4815. At the end of 2022 the company had a P/E ratio of 16.8.

P/E ratio history for Estithmar Holding from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.8-56.2%
202138.478.63%
202021.5152.04%
20198.5322.36%
20186.97-44%
201712.4

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.