Kennametal
KMT
#3917
Rank
$1.99 B
Marketcap
$24.90
Share price
-1.05%
Change (1 day)
-5.38%
Change (1 year)

P/E ratio for Kennametal (KMT)

P/E ratio as of September 2023 (TTM): 17.1

According to Kennametal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1156. At the end of 2021 the company had a P/E ratio of 24.1.

P/E ratio history for Kennametal from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202124.1-106.65%
2020-362-1661.98%
201923.295.9%
201811.8-56.45%
201727.2-170.47%
2016-38.6404.52%
2015-7.65-32.46%
2014-11.3-148.72%
201323.281.32%
201212.828.49%
20119.98

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.4 13.22%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2 65.05%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2 29.83%๐Ÿ‡บ๐Ÿ‡ธ USA
41.3 141.57%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-10.73%๐Ÿ‡บ๐Ÿ‡ธ USA
59.3 246.49%๐Ÿ‡บ๐Ÿ‡ธ 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.