World Kinect
WKC
#4667
Rank
ยฃ1.32 B
Marketcap
ยฃ22.80
Share price
2.50%
Change (1 day)
36.08%
Change (1 year)
Categories

P/E ratio for World Kinect (WKC)

P/E ratio as of November 2024 (TTM): 16.2

According to World Kinect's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.226. At the end of 2022 the company had a P/E ratio of 14.9.

P/E ratio history for World Kinect from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.9-34.35%
202122.624.16%
202018.213.73%
201916.041.44%
201811.3-201.85%
2017-11.1-144.34%
201625.168.95%
201514.8-0.65%
201414.9-1.65%
201315.2-2.18%
201215.51.4%
201115.3-0.01%
201015.313.81%
200913.532.08%
200810.2-18.89%
200712.6-34.14%
200619.1-4.93%
200520.15.6%
200419.016.45%
200316.3
200111.5

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.