P/E ratio for Kia (000270.KS)
P/E ratio as of October 2023 (TTM): 4.18
According to Kia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.18057. At the end of 2021 the company had a P/E ratio of 6.92.
P/E ratio history for Kia from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.92 | -58.84% |
| 2020 | 16.8 | 72.98% |
| 2019 | 9.72 | -14.53% |
| 2018 | 11.4 | -16.27% |
| 2017 | 13.6 | 137.93% |
| 2016 | 5.71 | -28.79% |
| 2015 | 8.02 | 13.36% |
| 2014 | 7.07 | 18.85% |
| 2013 | 5.95 | 0.92% |
| 2012 | 5.90 | -24.2% |
| 2011 | 7.78 | 3.6% |
| 2010 | 7.51 | -0.11% |
| 2009 | 7.52 | -129.84% |
| 2008 | -25.2 | 10.53% |
| 2007 | -22.8 |
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.