According to Kewaunee Scientific Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8533. At the end of 2023 the company had a P/E ratio of 12.0.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.0 | -172% |
2022 | -16.6 | 245.37% |
2021 | -4.81 | -46.89% |
2020 | -9.06 | -26.59% |
2019 | -12.3 | -169.79% |
2018 | 17.7 | 3.75% |
2017 | 17.0 | 28.24% |
2016 | 13.3 | -23.07% |
2015 | 17.3 | 48.46% |
2014 | 11.6 | 17.09% |
2013 | 9.94 | -23.13% |
2012 | 12.9 |
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.