Kelsian Group
KLS.AX
#6392
Rank
A$0.97 B
Marketcap
$3.60
Share price
1.41%
Change (1 day)
-48.27%
Change (1 year)

P/E ratio for Kelsian Group (KLS.AX)

P/E ratio at the end of 2023: 75.0

According to Kelsian Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3055. At the end of 2023 the company had a P/E ratio of 75.0.

P/E ratio history for Kelsian Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202375.0234.8%
202222.4-49.97%
202144.8-189.23%
2020-50.2-416.02%
201915.9-19.4%
201819.739.2%
201714.1-3.28%
201614.60.16%
201514.631.12%
201411.1

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.