Saudi Ground Services Company
4031.SR
#3944
Rank
ยฃ1.92 B
Marketcap
ยฃ10.22
Share price
-1.53%
Change (1 day)
60.99%
Change (1 year)

P/E ratio for Saudi Ground Services Company (4031.SR)

P/E ratio as of November 2024 (TTM): 91.2

According to Saudi Ground Services Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 91.2149. At the end of 2022 the company had a P/E ratio of -16.8.

P/E ratio history for Saudi Ground Services Company from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-16.8-23.11%
2021-21.964.25%
2020-13.3-186.91%
201915.3-2.58%
201815.77.76%
201714.6-19.22%
201618.131.26%
201513.8

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.