According to Kinnevik's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.08219. At the end of 2022 the company had a P/E ratio of -2.06.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.06 | -131.83% |
2021 | 6.49 | 122.25% |
2020 | 2.92 | -4.27% |
2019 | 3.05 | -170.8% |
2018 | -4.31 | -217.21% |
2017 | 3.67 | -121.61% |
2016 | -17.0 | -129.6% |
2015 | 57.4 | 1657.77% |
2014 | 3.27 | -64.93% |
2013 | 9.31 | -88.13% |
2012 | 78.5 | 1342.16% |
2011 | 5.44 | 105.79% |
2010 | 2.64 | 42.85% |
2009 | 1.85 |
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.