Kellogg's
K
#906
Rank
$20.62 B
Marketcap
$60.34
Share price
1.69%
Change (1 day)
-8.62%
Change (1 year)
Categories
The Keyllogg company is multinational food manufacturing company that produces cereal and convenience foods, such as crackers, toaster pastries and corn flakes.

P/E ratio for Kellogg's (K)

P/E ratio as of June 2024 (TTM): 23.5

According to Kellogg's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4545. At the end of 2022 the company had a P/E ratio of 25.3.

P/E ratio history for Kellogg's from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.370.98%
202114.8-13.34%
202017.0-30.48%
201924.566.05%
201814.8-20.48%
201718.6-50.11%
201637.2-10.89%
201541.812.35%
201437.2203.2%
201312.3-43.35%
201221.645.54%
201114.90.17%
201014.8-11.52%
200916.815.2%
200814.6-22.48%
200718.8-4.65%
200619.78.53%
200518.2-11.76%
200420.64.31%
200319.71.33%
200219.5-24.31%
200125.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.3 20.82%๐Ÿ‡บ๐Ÿ‡ธ USA
16.1-31.36%๐Ÿ‡บ๐Ÿ‡ธ USA
57.6 145.78%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-13.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.55-123.68%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-20.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.1-211.45%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-7.56%๐Ÿ‡บ๐Ÿ‡ธ 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.