According to K-Bro Linen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.6091. At the end of 2022 the company had a P/E ratio of 73.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 73.8 | 74.75% |
2021 | 42.2 | -61% |
2020 | 108 | 167.73% |
2019 | 40.4 | -28.66% |
2018 | 56.7 | -14.96% |
2017 | 66.6 | 130.85% |
2016 | 28.9 | -13.87% |
2015 | 33.5 | 24.31% |
2014 | 27.0 | 0.1% |
2013 | 26.9 | 49.35% |
2012 | 18.0 | -6.73% |
2011 | 19.3 | 7.79% |
2010 | 17.9 | 49.07% |
2009 | 12.0 | -9.61% |
2008 | 13.3 |
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.