According to Konecranes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.7064. At the end of 2022 the company had a P/E ratio of 16.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.2 | -14.04% |
2021 | 18.9 | 1.15% |
2020 | 18.7 | -29.75% |
2019 | 26.6 | 30.55% |
2018 | 20.4 | 53.71% |
2017 | 13.3 | -75.28% |
2016 | 53.6 | 24.1% |
2015 | 43.2 | 132.18% |
2014 | 18.6 | -38.83% |
2013 | 30.4 | 75.04% |
2012 | 17.4 | 32.69% |
2011 | 13.1 | -42.75% |
2010 | 22.9 | 28.32% |
2009 | 17.8 |
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.