According to Kandenko's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.5806. At the end of 2024 the company had a P/E ratio of 12.7.
Year | P/E ratio | Change |
---|---|---|
2024 | 12.7 | 43.48% |
2023 | 8.88 | 3.67% |
2022 | 8.57 | -14.12% |
2021 | 9.98 | 25.96% |
2020 | 7.92 | -20.59% |
2019 | 9.97 | -23.22% |
2018 | 13.0 | 11.74% |
2017 | 11.6 | -33.96% |
2016 | 17.6 | -42.86% |
2015 | 30.8 | 20.5% |
2014 | 25.6 | 22.7% |
2013 | 20.8 | -52.42% |
2012 | 43.8 | 164.5% |
2011 | 16.6 | -25.02% |
2010 | 22.1 | -7.69% |
2009 | 23.9 | 1.03% |
2008 | 23.7 | -38.75% |
2007 | 38.7 | 72.02% |
2006 | 22.5 | -3.84% |
2005 | 23.4 |
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.