P/E ratio for Kingdom Holding (4280.SR)
P/E ratio as of April 2024 (TTM): 24.0
According to Kingdom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.011. At the end of 2022 the company had a P/E ratio of 4.07.
P/E ratio history for Kingdom Holding from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.07 | -89.53% |
| 2021 | 38.8 | -295.96% |
| 2020 | -19.8 | -132.82% |
| 2019 | 60.4 | 54.87% |
| 2018 | 39.0 | -16.74% |
| 2017 | 46.8 | -135.43% |
| 2016 | -132 | -259% |
| 2015 | 83.2 | 6.26% |
| 2014 | 78.3 | -36.11% |
| 2013 | 123 | 17.22% |
| 2012 | 105 |
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.