Saudi Research and Media Group
4210.SR
#2573
Rank
$5.62 B
Marketcap
$70.30
Share price
-1.71%
Change (1 day)
76.23%
Change (1 year)

P/E ratio for Saudi Research and Media Group (4210.SR)

P/E ratio as of November 2024 (TTM): 26.9

According to Saudi Research and Media Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.9024. At the end of 2016 the company had a P/E ratio of -45.3.

P/E ratio history for Saudi Research and Media Group from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2016-45.352.27%
2015-29.8

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.