P/E ratio for Kemira (KEMIRA.HE)
P/E ratio as of May 2024 (TTM): 10.2
According to Kemira's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1675. At the end of 2022 the company had a P/E ratio of 9.55.
P/E ratio history for Kemira from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.55 | -49.12% |
| 2021 | 18.8 | 24.78% |
| 2020 | 15.0 | -19.43% |
| 2019 | 18.7 | 9.14% |
| 2018 | 17.1 | -22.62% |
| 2017 | 22.1 | 9.39% |
| 2016 | 20.2 | -12.67% |
| 2015 | 23.1 | 38.48% |
| 2014 | 16.7 | -128.87% |
| 2013 | -57.9 | -159.16% |
| 2012 | 97.9 | 848.95% |
| 2011 | 10.3 | |
| 2009 | 7.07 |
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.