QNB Finansbank
QNBFB.IS
#724
Rank
HK$217.43 B
Marketcap
HK$64.91
Share price
0.00%
Change (1 day)
-22.72%
Change (1 year)

P/E ratio for QNB Finansbank (QNBFB.IS)

P/E ratio as of November 2024 (TTM): 24.4

According to QNB Finansbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3942. At the end of 2022 the company had a P/E ratio of 10.4.

P/E ratio history for QNB Finansbank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.4-69.12%
202133.7-60.67%
202085.794.77%
201944.0274.91%
201811.718.8%
20179.88-15.1%
201611.6-54.32%
201525.5166.67%
20149.55-0.79%
20139.63229.26%
20122.92-82.07%
201116.327.64%
201012.810.1%
200911.6

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.