Kyoto Group AS
KYOTO.OL
#8921
Rank
ยฃ60.86 M
Marketcap
ยฃ1.70
Share price
0.00%
Change (1 day)
56.27%
Change (1 year)

P/E ratio for Kyoto Group AS (KYOTO.OL)

P/E ratio at the end of 2023: -29.9

According to Kyoto Group AS's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -43.1652. At the end of 2023 the company had a P/E ratio of -29.9.

P/E ratio history for Kyoto Group AS from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-29.959.42%
2022-18.8-35.58%
2021-29.1

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.