P/E ratio for Kraft Heinz (KHC)
P/E ratio as of June 2024 (TTM): 14.3
According to Kraft Heinz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2593. At the end of 2022 the company had a P/E ratio of 21.1.
P/E ratio history for Kraft Heinz from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.1 | -51.23% |
| 2021 | 43.3 | -63.81% |
| 2020 | 120 | 491.45% |
| 2019 | 20.2 | -493.92% |
| 2018 | -5.13 | -159.57% |
| 2017 | 8.61 | -71.99% |
| 2016 | 30.7 | -31.54% |
| 2015 | 44.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Campbell Soup CPB | 15.1 | 6.12% | 🇺🇸 USA |
 Conagra Brands
CAG | 12.8 | -9.91% | 🇺🇸 USA |
 General Mills GIS | 16.1 | 12.90% | 🇺🇸 USA |
 Kellogg's K | 23.5 | 64.49% | 🇺🇸 USA |
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.