Alijarah Holding
NLCS.QA
#8709
Rank
โ‚น9.09 B
Marketcap
โ‚น18.38
Share price
0.51%
Change (1 day)
10.29%
Change (1 year)

P/E ratio for Alijarah Holding (NLCS.QA)

P/E ratio as of November 2024 (TTM): -88.1

According to Alijarah Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -88.1217. At the end of 2022 the company had a P/E ratio of 18.1.

P/E ratio history for Alijarah Holding from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.1-157.61%
2021-31.3-165.7%
202047.7231.95%
201914.4-77.53%
201863.925.35%
201751.0-66.71%
2016153-2047.83%
2015-7.87-154.92%
201414.3-21.62%
201318.369.07%
201210.850.16%
20117.20-20.43%
20109.05

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.