Kraft Heinz
KHC
#553
Rank
โ‚น3.207 T
Marketcap
โ‚น2,653
Share price
0.90%
Change (1 day)
-12.99%
Change (1 year)
Categories

P/E ratio for Kraft Heinz (KHC)

P/E ratio as of December 2024 (TTM): 12.9

According to Kraft Heinz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8601. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for Kraft Heinz from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.1-51.23%
202143.3-63.81%
2020120491.45%
201920.2-493.92%
2018-5.13-159.57%
20178.61-71.99%
201630.7-31.54%
201544.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9 23.83%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 16.23%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3-4.50%๐Ÿ‡บ๐Ÿ‡ธ USA
31.9 147.69%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.