P/E ratio for Eastman Kodak Company (KODK)
P/E ratio as of June 2024 (TTM): 7.53
According to Eastman Kodak Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.52806. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for Eastman Kodak Company from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | -38.79% |
| 2021 | 25.1 | -2647.29% |
| 2020 | -0.9855 | -147.26% |
| 2019 | 2.09 | -167.87% |
| 2018 | -3.07 | -272.44% |
| 2017 | 1.78 | -96.78% |
| 2016 | 55.4 | -944.87% |
| 2015 | -6.55 | -10.87% |
| 2014 | -7.35 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bruker BRKR | 29.7 | 295.02% | 🇺🇸 USA |
 GoPro GPRO | -8.06 | -207.05% | 🇺🇸 USA |
 Diebold Nixdorf
DBD | -3.22 | -142.73% | 🇺🇸 USA |
 Canon 7751.T | 14.7 | 95.39% | 🇯🇵 Japan |
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.