P/E ratio for Kenon Holdings (KEN)
P/E ratio as of April 2023 (TTM): 1.19
According to Kenon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.19092. At the end of 2021 the company had a P/E ratio of 2.96.
P/E ratio history for Kenon Holdings from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 2.96 | -6.55% |
| 2020 | 3.17 | -103.77% |
| 2019 | -83.9 | -4306.83% |
| 2018 | 2.00 | -59.45% |
| 2017 | 4.92 | -424.03% |
| 2016 | -1.52 | -120.34% |
| 2015 | 7.47 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 20.4 | 1,615.61% | 🇺🇸 USA |
 Nextera Energy NEE | 36.7 | 2,983.46% | 🇺🇸 USA |
 Green Dot GDOT | 14.5 | 1,121.46% | 🇺🇸 USA |
 Brookfield Infrastructure Partners
BIP | 247 | 20,623.81% | 🇧🇲 Bermuda |
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.