P/E ratio for Kühne + Nagel (KNIN.SW)
P/E ratio as of June 2024 (TTM): 18.6
According to Kühne + Nagel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6187. At the end of 2022 the company had a P/E ratio of 9.73.
P/E ratio history for Kühne + Nagel from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.73 | -44.05% |
| 2021 | 17.4 | -43.02% |
| 2020 | 30.5 | 24.72% |
| 2019 | 24.5 | 24.52% |
| 2018 | 19.7 | -29.83% |
| 2017 | 28.0 | 24.62% |
| 2016 | 22.5 | -8.03% |
| 2015 | 24.4 | -4.65% |
| 2014 | 25.6 | 8.98% |
| 2013 | 23.5 | -13.43% |
| 2012 | 27.2 |
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.