Kinaxis
KXS.TO
#3374
Rank
โ‚น285.31 B
Marketcap
โ‚น10,156
Share price
-0.49%
Change (1 day)
9.97%
Change (1 year)

P/E ratio for Kinaxis (KXS.TO)

P/E ratio as of November 2024 (TTM): 232

According to Kinaxis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 232.085. At the end of 2022 the company had a P/E ratio of 153.

P/E ratio history for Kinaxis from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022153-104.41%
2021< -1000-1354.34%
2020277222.3%
201986.0-0.4%
201886.414.57%
201775.4-28.66%
201610665.63%
201563.8-142.83%
2014-149

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.