KlaraBo Sverige
KLARA-B.ST
#7703
Rank
HK$1.87 B
Marketcap
HK$14.38
Share price
-0.49%
Change (1 day)
29.86%
Change (1 year)

P/E ratio for KlaraBo Sverige (KLARA-B.ST)

P/E ratio as of November 2024 (TTM): -51.3

According to KlaraBo Sverige's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -51.279. At the end of 2023 the company had a P/E ratio of -5.90.

P/E ratio history for KlaraBo Sverige from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-5.90-130.71%
202219.2208.07%
20216.23

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.