According to Kemira's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7536. At the end of 2022 the company had a P/E ratio of 9.55.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.55 | -49.12% |
2021 | 18.8 | 24.78% |
2020 | 15.0 | -19.43% |
2019 | 18.7 | 9.14% |
2018 | 17.1 | -22.62% |
2017 | 22.1 | 9.39% |
2016 | 20.2 | -12.67% |
2015 | 23.1 | 38.48% |
2014 | 16.7 | -128.87% |
2013 | -57.9 | -159.16% |
2012 | 97.9 | 848.95% |
2011 | 10.3 | 272.91% |
2010 | 2.77 | -60.85% |
2009 | 7.07 |
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.