P/E ratio for K92 Mining (KNT.TO)
P/E ratio as of May 2024 (TTM): 41.2
According to K92 Mining's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.1538. At the end of 2022 the company had a P/E ratio of 37.8.
P/E ratio history for K92 Mining from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.8 | -19.6% |
| 2021 | 47.0 | 49.67% |
| 2020 | 31.4 | 139.5% |
| 2019 | 13.1 | 367.92% |
| 2018 | 2.80 | -158.77% |
| 2017 | -4.77 | |
| 2015 | -7.83 | -57.03% |
| 2014 | -18.2 | -9.76% |
| 2013 | -20.2 | -25.51% |
| 2012 | -27.1 | 178.81% |
| 2011 | -9.72 |
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.