P/E ratio for Kingsway Financial Services (KFS)
P/E ratio as of April 2024 (TTM): 3.61
According to Kingsway Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.60669. At the end of 2022 the company had a P/E ratio of 7.48.
P/E ratio history for Kingsway Financial Services from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.48 | -104.1% |
| 2021 | -183 | 1299.15% |
| 2020 | -13.1 | 117.59% |
| 2019 | -6.00 | 152.96% |
| 2018 | -2.37 | -65.71% |
| 2017 | -6.92 | -101.11% |
| 2016 | 625 | 310.28% |
| 2015 | 152 | -2131.11% |
| 2014 | -7.50 | 407.69% |
| 2013 | -1.48 | 57.03% |
| 2012 | -0.9407 | -5.47% |
| 2011 | -0.9952 | 116.56% |
| 2010 | -0.4595 | 41.8% |
| 2009 | -0.3241 | -56.24% |
| 2008 | -0.7405 | -97.97% |
| 2007 | -36.4 | -482.59% |
| 2006 | 9.52 | 13.49% |
| 2005 | 8.39 | -7.2% |
| 2004 | 9.04 | -8.74% |
| 2003 | 9.91 | 20.16% |
| 2002 | 8.24 | -91.35% |
| 2001 | 95.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -21.5 | -694.98% | 🇺🇸 USA |
 Progressive PGR | 45.1 | 1,149.39% | 🇺🇸 USA |
 Mercury General
MCY | -28.1 | -879.05% | 🇺🇸 USA |
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.