Kenon Holdings
KEN
#4860
Rank
โ‚ฌ1.41 B
Marketcap
26,81ย โ‚ฌ
Share price
-3.03%
Change (1 day)
36.49%
Change (1 year)

P/E ratio for Kenon Holdings (KEN)

P/E ratio as of November 2024 (TTM): -2.40

According to Kenon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.39558. At the end of 2022 the company had a P/E ratio of 5.69.

P/E ratio history for Kenon Holdings from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.6987.16%
20213.04-4.97%
20203.20-103.8%
2019-84.2-4705.86%
20181.83-62.85%
20174.92-423.61%
2016-1.52-116.24%
20159.36

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
112-4,792.77%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
20.4-953.43%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-568.35%๐Ÿ‡บ๐Ÿ‡ธ USA
14.1-688.15%๐Ÿ‡บ๐Ÿ‡ธ USA

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.