Gulf Navigation Holding
GULFNAV.AE
#5238
Rank
โ‚น99.72 B
Marketcap
โ‚น121.90
Share price
6.43%
Change (1 day)
-23.80%
Change (1 year)

P/E ratio for Gulf Navigation Holding (GULFNAV.AE)

P/E ratio as of November 2024 (TTM): 114

According to Gulf Navigation Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 113.71. At the end of 2022 the company had a P/E ratio of 172.

P/E ratio history for Gulf Navigation Holding from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221723046.03%
20215.47-471.44%
2020-1.47-20.45%
2019-1.85-89.6%
2018-17.8-199.18%
201718.0176.51%
20166.49-61.26%
201516.8-33.71%
201425.3-3284.83%
2013-0.7937-72.96%
2012-2.93-37.21%
2011-4.6763.86%
2010-2.85

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.