Chubb Arabia Cooperative Insurance Company
8240.SR
#7050
Rank
โ‚น33.41 B
Marketcap
โ‚น1,114
Share price
-3.13%
Change (1 day)
150.36%
Change (1 year)

P/E ratio for Chubb Arabia Cooperative Insurance Company (8240.SR)

P/E ratio as of November 2024 (TTM): 66.9

According to Chubb Arabia Cooperative Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 66.8518. At the end of 2022 the company had a P/E ratio of 38.1.

P/E ratio history for Chubb Arabia Cooperative Insurance Company from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202238.1-74.95%
2021152607.74%
202021.537.53%
201915.653.08%
201810.2-17.46%
201712.41.12%
201612.2-79.21%
201558.93305.16%
20141.7313.17%
20131.53-46.88%
20122.88-13.86%
20113.34-67.07%
201010.1

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.