Kenon Holdings
KEN
#3663
Rank
$1.85 B
Marketcap
$34.36
Share price
-2.39%
Change (1 day)
-7.81%
Change (1 year)

P/E ratio for Kenon Holdings (KEN)

P/E ratio as of October 2022 (TTM): 1.47

According to Kenon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.47162. At the end of 2020 the company had a P/E ratio of 3.17.

P/E ratio history for Kenon Holdings from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20203.17-103.77%
2019-83.9-4306.83%
20182.00-59.45%
20174.92-424.03%
2016-1.52-120.34%
20157.47

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.