P/E ratio for Kornit Digital (KRNT)
P/E ratio as of June 2024 (TTM): -8.03
According to Kornit Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.03409. At the end of 2022 the company had a P/E ratio of -14.5.
P/E ratio history for Kornit Digital from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -14.5 | -103.15% |
| 2021 | 461 | -172.47% |
| 2020 | -637 | -583.57% |
| 2019 | 132 | 153.18% |
| 2018 | 52.0 | -117.24% |
| 2017 | -302 | -161.58% |
| 2016 | 490 | 593.71% |
| 2015 | 70.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advanced Emissions Solutions ADES | -4.05 | -49.61% | 🇺🇸 USA |
 Quad QUAD | -5.35 | -33.42% | 🇺🇸 USA |
 ARC Document Solutions ARC | 9.68 | -220.47% | 🇺🇸 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.