According to Klil Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.422. At the end of 2023 the company had a P/E ratio of 28.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 28.3 | 76.89% |
2022 | 16.0 | 32.53% |
2021 | 12.1 | 9.21% |
2020 | 11.0 | -9.91% |
2019 | 12.3 | 7.61% |
2018 | 11.4 | -10.76% |
2017 | 12.8 | -7.36% |
2016 | 13.8 | 9.39% |
2015 | 12.6 | -0.69% |
2014 | 12.7 | 35.78% |
2013 | 9.34 | 21.34% |
2012 | 7.69 |
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.