Amanat Holdings
AMANAT.AE
#6088
Rank
โ‚น59.83 B
Marketcap
โ‚น24.12
Share price
-1.87%
Change (1 day)
-9.40%
Change (1 year)

P/E ratio for Amanat Holdings (AMANAT.AE)

P/E ratio as of November 2024 (TTM): 36.2

According to Amanat Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.1968. At the end of 2022 the company had a P/E ratio of 18.4.

P/E ratio history for Amanat Holdings from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.479.47%
202110.2-94.95%
2020203484.84%
201934.6-46.17%
201864.3-26.54%
201787.637.62%
201663.6

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.