Kinnevik
KINV-A.ST
#2763
Rank
$3.75 B
Marketcap
$14.76
Share price
-3.15%
Change (1 day)
-42.95%
Change (1 year)

P/E ratio for Kinnevik (KINV-A.ST)

P/E ratio as of March 2023 (TTM): -2.80

According to Kinnevik's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.80307. At the end of 2021 the company had a P/E ratio of 6.49.

P/E ratio history for Kinnevik from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.49122.29%
20202.92-4.42%
20193.05-170.91%
2018-4.31-217.23%
20173.67-121.61%
2016-17.0-130.55%
201555.61603.08%
20143.27-64.92%
20139.31-88.2%
201278.91351.16%
20115.44105.7%
20102.6443.01%
20091.85-412.47%
2008-0.5917
20062.51-35.7%
20053.91-134.4%
2004-11.4-267.83%
20036.77309.02%
20021.66

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.