According to Kendrion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1383. At the end of 2023 the company had a P/E ratio of 18.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 18.6 | -470.49% |
2022 | -5.02 | -122.9% |
2021 | 21.9 | -62.36% |
2020 | 58.2 | 71.53% |
2019 | 33.9 | 60.33% |
2018 | 21.2 | -23.58% |
2017 | 27.7 | 15.96% |
2016 | 23.9 | 25.24% |
2015 | 19.1 | 35.23% |
2014 | 14.1 | -21.44% |
2013 | 18.0 | 69.14% |
2012 | 10.6 | -215.13% |
2011 | -9.22 | -191.19% |
2010 | 10.1 | -60% |
2009 | 25.3 | 338.72% |
2008 | 5.76 | -88.35% |
2007 | 49.4 | 261.61% |
2006 | 13.7 | 54.92% |
2005 | 8.82 | -605.35% |
2004 | -1.75 | 271.46% |
2003 | -0.4700 |
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.