P/E ratio for Kandi Technologies Group (KNDI)
P/E ratio as of April 2024 (TTM): -51.8
According to Kandi Technologies Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -51.759. At the end of 2022 the company had a P/E ratio of -14.3.
P/E ratio history for Kandi Technologies Group from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -14.3 | -238.46% |
| 2021 | 10.4 | -128.51% |
| 2020 | -36.3 | 15.17% |
| 2019 | -31.5 | -4.44% |
| 2018 | -33.0 | 186.32% |
| 2017 | -11.5 | -67.51% |
| 2016 | -35.5 | -200.9% |
| 2015 | 35.2 | -37.26% |
| 2014 | 56.0 | -380.44% |
| 2013 | -20.0 | -210.18% |
| 2012 | 18.1 | 61.76% |
| 2011 | 11.2 | -108.51% |
| 2010 | -132 | -249.72% |
| 2009 | 88.0 | 2720.51% |
| 2008 | 3.12 | -82.17% |
| 2007 | 17.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Polaris PII | 8.22 | -115.88% | 🇺🇸 USA |
 Tata Motors TATAMOTORS.NS | 498 | -1,061.62% | 🇮🇳 India |
 Federal Signal FSS | 37.7 | -172.85% | 🇺🇸 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.