Kewal Kiran Clothing
KKCL.NS
#6033
Rank
$0.49 B
Marketcap
$8.08
Share price
1.23%
Change (1 day)
57.81%
Change (1 year)
Categories

P/E ratio for Kewal Kiran Clothing (KKCL.NS)

P/E ratio as of March 2024 (TTM): 27.2

According to Kewal Kiran Clothing 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1572. At the end of 2022 the company had a P/E ratio of 28.3.

P/E ratio history for Kewal Kiran Clothing from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.328.12%
202122.1-42.37%
202038.3140.53%
201915.9
201540.29.84%
201436.662.08%
201322.626.57%
201217.8

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.