Kadant
KAI
#2880
Rank
ยฃ3.61 B
Marketcap
ยฃ307.98
Share price
3.28%
Change (1 day)
54.15%
Change (1 year)

P/E ratio for Kadant (KAI)

P/E ratio as of November 2024 (TTM): 40.4

According to Kadant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.422. At the end of 2022 the company had a P/E ratio of 17.1.

P/E ratio history for Kadant from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.1-46.17%
202131.88.46%
202029.329.1%
201922.751.61%
201815.0-57.64%
201735.470.41%
201620.761.43%
201512.9-21.43%
201416.4-15.23%
201319.3102.34%
20129.5416.41%
20118.19-48.21%
201015.8-147.58%
2009-33.3311.93%
2008-8.07-143.8%
200718.4-7.03%
200619.8-45.36%
200536.3-92.92%
20045131983.14%
200324.6-442.79%
2002-7.18-140.09%
200117.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.3-22.60%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4-49.56%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-34.85%๐Ÿ‡บ๐Ÿ‡ธ USA
4.20-89.62%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.