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Saudi Arabian Oil Company Saudi Arabian Oil Company

Saudi Arabian Oil Company

2222
Rank in Stocks #9
Saudi Arabian Oil Company, widely known as Aramco, operates as a globally... Saudi Arabian Oil Company, widely known as Aramco, operates as a globally integrated energy and chemicals enterprise, with its core activities centered in the Kingdom of Saudi Arabia. The company's operations are categorized into two primary divisions: Upstream and Downstream. The Upstream division is responsible for the exploration, development, production, and sale of crude oil, condensate, natural gas, and natural gas liquids (NGLs). As of December 31, 2021, Aramco reported significant proven reserves, totaling 253.6 billion barrels of oil equivalent. This included 196.9 billion barrels of crude oil and condensate, 25.2 billion barrels of NGLs, and 194.5 trillion standard cubic feet of natural gas. These resources are distributed across 530 reservoirs within 137 distinct fields located throughout the Kingdom and its territorial waters. The Downstream segment is involved in the manufacturing of diverse chemical products, such as olefins, methanol, MTBE, aromatics, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and various engineering thermoplastics and their blends. This segment also produces base oils and engages in refining and retail operations. Additionally, it supplies petroleum products and conducts trading activities for refined petroleum, liquid chemical products, and polymers. Beyond these endeavors, the company develops, manufactures, and markets high-performance rubber. Aramco also offers a range of services including crude oil storage, investment management, consulting, specialized oil field services, insurance, marketing and sales support, financing, and marine management and transportation solutions. Established in 1933, Saudi Arabian Oil Company is headquartered in Dhahran, Kingdom of Saudi Arabia.
Share Price
$6.97
Last synced: 2026-09-10
Market Cap
$1.686T
Change (1 day)
0.38%
Change (1 year)
13.05%
Country
SA
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P/E ratio for Saudi Arabian Oil Company (2222)
P/E ratio as of September 2026 TTM: 13.81
According to Saudi Arabian Oil Company latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.81. At the end of 2023 the company had a P/E ratio of 17.63.
P/E ratio history for Saudi Arabian Oil Company from 2016 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 13.81 -19.85%
2024 17.23 -2.31%
2023 17.63 47.83%
2022 11.93 -34.16%
2021 18.12 -52.14%
2020 37.85 77.57%
2019 21.32 14.53%
2018 18.61 -31.96%
2017 27.35 -82.93%
2016 160.22 0.00%
P/E ratio for similar companies or competitors
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.