P/E ratio for Kingfisher (KGF.L)
P/E ratio at the end of 2023: 11.8
According to Kingfisher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1050.96. At the end of 2023 the company had a P/E ratio of 11.8.
P/E ratio history for Kingfisher from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 11.8 | 53.24% |
| 2022 | 7.73 | -17.15% |
| 2021 | 9.33 | -98.1% |
| 2020 | 490 | 1946.14% |
| 2019 | 24.0 | 71.14% |
| 2018 | 14.0 | 13.28% |
| 2017 | 12.4 | -22.61% |
| 2016 | 16.0 | 36.86% |
| 2015 | 11.7 | 26% |
| 2014 | 9.26 | 3.15% |
| 2013 | 8.98 | 23.42% |
| 2012 | 7.27 | -23.41% |
| 2011 | 9.50 | -7.51% |
| 2010 | 10.3 | -25.17% |
| 2009 | 13.7 | 80.12% |
| 2008 | 7.62 | -26.54% |
| 2007 | 10.4 | -63.54% |
| 2006 | 28.4 | 168.69% |
| 2005 | 10.6 | -43.81% |
| 2004 | 18.8 | -10.59% |
| 2003 | 21.1 | -206.92% |
| 2002 | -19.7 | -227.94% |
| 2001 | 15.4 |
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.