According to Kinaxis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 223.408. At the end of 2022 the company had a P/E ratio of 153.
Year | P/E ratio | Change |
---|---|---|
2022 | 153 | -104.41% |
2021 | < -1000 | -1354.34% |
2020 | 277 | 222.3% |
2019 | 86.0 | -0.4% |
2018 | 86.4 | 14.57% |
2017 | 75.4 | -28.66% |
2016 | 106 | 65.63% |
2015 | 63.8 | -142.83% |
2014 | -149 |
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.