Zain (Mobile Telecommunications Company)
ZAIN.KW
#2322
Rank
S$8.76 B
Marketcap
$2,026
Share price
-1.28%
Change (1 day)
-6.93%
Change (1 year)

P/E ratio for Zain (Mobile Telecommunications Company) (ZAIN.KW)

P/E ratio as of November 2024 (TTM): > 1000

According to Zain (Mobile Telecommunications Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9452.28. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Zain (Mobile Telecommunications Company) from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000-11.19%
2021> 1000-3.26%
2020> 100021.11%
2019> 100018.45%
2018> 1000-11.01%
2017> 100010.18%
2016> 100019.54%
2015> 1000-17.81%
2014> 1000-16.83%
2013> 10004.05%
2012> 10003.12%
2011> 1000250.3%
2010> 1000

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.