National International Holding Company (Kuwait)
NIH.KW
#7197
Rank
HK$2.68 B
Marketcap
HK$11,768
Share price
16.00%
Change (1 day)
303.91%
Change (1 year)

P/E ratio for National International Holding Company (Kuwait) (NIH.KW)

P/E ratio as of November 2024 (TTM): > 1000

According to National International Holding Company (Kuwait)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 66490.7. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for National International Holding Company (Kuwait) from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-7.2%
2021> 1000-485.38%
2020< -1000-151.32%
2019> 100069.81%
2018> 1000-32.42%
2017> 100058.09%
2016> 1000-87.63%
2015> 1000267.4%
2014> 1000
2012< -1000-92.8%
2011< -10001859.19%
2010< -1000-71.99%
2009< -100022.69%
2008< -1000-866.85%
2007616

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.