P/E ratio for KBC (KBCSF)
P/E ratio as of April 2024 (TTM): 8.58
According to KBC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.57861. At the end of 2022 the company had a P/E ratio of 9.09.
P/E ratio history for KBC from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.09 | -22.45% |
| 2021 | 11.7 | -35.76% |
| 2020 | 18.2 | 59.63% |
| 2019 | 11.4 | 27.67% |
| 2018 | 8.95 | -27.04% |
| 2017 | 12.3 | 25.03% |
| 2016 | 9.81 | -34.16% |
| 2015 | 14.9 | -11.57% |
| 2014 | 16.9 | -59.02% |
| 2013 | 41.1 | -419.36% |
| 2012 | -12.9 | 308.47% |
| 2011 | -3.15 | -134.21% |
| 2010 | 9.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 OceanFirst Financial OCFC | 7.22 | -15.88% | 🇺🇸 USA |
 Northwest Bank
NWBI | 9.75 | 13.63% | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.7425 | -91.34% | 🇺🇸 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.