P/E ratio for Kewal Kiran Clothing (KKCL.NS)
P/E ratio as of March 2023 (TTM): 23.9
According to Kewal Kiran Clothing 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8541. At the end of 2022 the company had a P/E ratio of 15.1.
P/E ratio history for Kewal Kiran Clothing from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.1 | -94.38% |
| 2021 | 269 | 2153.9% |
| 2020 | 11.9 | -39.94% |
| 2019 | 19.9 | -22.31% |
| 2018 | 25.6 | 4.19% |
| 2017 | 24.6 | -20.46% |
| 2016 | 30.9 | -20.69% |
| 2015 | 38.9 | 87.41% |
| 2014 | 20.8 | 23.72% |
| 2013 | 16.8 | 8.47% |
| 2012 | 15.5 | 7.2% |
| 2011 | 14.4 | 56.31% |
| 2010 | 9.24 | 6.93% |
| 2009 | 8.64 | -52.38% |
| 2008 | 18.2 | 54.3% |
| 2007 | 11.8 | -13.94% |
| 2006 | 13.7 |
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.