According to Kerry Logistics Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.50846. At the end of 2021 the company had a P/E ratio of 33.7.
Year | P/E ratio | Change |
---|---|---|
2021 | 33.7 | -58.6% |
2020 | 81.3 | 71.2% |
2019 | 47.5 | -24.57% |
2018 | 63.0 | -9.08% |
2017 | 69.3 | 1.36% |
2016 | 68.3 | -15.63% |
2015 | 81.0 | -15.99% |
2014 | 96.4 | 58.51% |
2013 | 60.8 |
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.