Kontoor Brands
KTB
#2750
Rank
HK$38.81 B
Marketcap
HK$703.96
Share price
0.00%
Change (1 day)
88.07%
Change (1 year)
Categories

P/E ratio for Kontoor Brands (KTB)

P/E ratio as of November 2024 (TTM): 23.6

According to Kontoor Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.6266. At the end of 2022 the company had a P/E ratio of 9.11.

P/E ratio history for Kontoor Brands from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.11-39.57%
202115.1-55.78%
202034.138.98%
201924.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-36.9-255.99%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6 4.03%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.