According to KION Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8227. At the end of 2022 the company had a P/E ratio of 35.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 35.7 | 60.19% |
2021 | 22.3 | -43.64% |
2020 | 39.5 | 149.61% |
2019 | 15.8 | 21.47% |
2018 | 13.0 | -33.52% |
2017 | 19.6 | -11.69% |
2016 | 22.2 | 6.18% |
2015 | 20.9 | 18.65% |
2014 | 17.6 | 3.86% |
2013 | 17.0 |
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.