KEI Industries
KEI.NS
#2842
Rank
$4.73 B
Marketcap
$52.39
Share price
-2.36%
Change (1 day)
67.20%
Change (1 year)

P/E ratio for KEI Industries (KEI.NS)

P/E ratio as of September 2024 (TTM): 69.7

According to KEI Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.7396. At the end of 2024 the company had a P/E ratio of 54.4.

P/E ratio history for KEI Industries from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202454.469.17%
202332.112.29%
202228.663.02%
202117.6117.45%
20208.08-55.91%
201918.3-15.32%
201821.645.9%
201714.822.7%
201612.1-11.24%
201513.674.51%
20147.80159.28%
20133.01-34.62%
20124.60-64.33%
201112.9-7.11%
201013.9-72.23%
200950.0471.32%
20088.75-0.11%
20078.76

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.