According to Krones's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1994. At the end of 2022 the company had a P/E ratio of 17.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.8 | -17.42% |
2021 | 21.5 | -181.53% |
2020 | -26.4 | -111.58% |
2019 | 228 | 1454.64% |
2018 | 14.6 | -22.9% |
2017 | 19.0 | 18.65% |
2016 | 16.0 | -27.52% |
2015 | 22.1 | 17.04% |
2014 | 18.9 | 15.77% |
2013 | 16.3 | -22.62% |
2012 | 21.1 | -111.54% |
2011 | -183 | -756.19% |
2010 | 27.8 | -187.28% |
2009 | -31.9 |
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.