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 |
|---|---|---|
| 2021 | 6.49 | 122.29% |
| 2020 | 2.92 | -4.42% |
| 2019 | 3.05 | -170.91% |
| 2018 | -4.31 | -217.23% |
| 2017 | 3.67 | -121.61% |
| 2016 | -17.0 | -130.55% |
| 2015 | 55.6 | 1603.08% |
| 2014 | 3.27 | -64.92% |
| 2013 | 9.31 | -88.2% |
| 2012 | 78.9 | 1351.16% |
| 2011 | 5.44 | 105.7% |
| 2010 | 2.64 | 43.01% |
| 2009 | 1.85 | -412.47% |
| 2008 | -0.5917 | |
| 2006 | 2.51 | -35.7% |
| 2005 | 3.91 | -134.4% |
| 2004 | -11.4 | -267.83% |
| 2003 | 6.77 | 309.02% |
| 2002 | 1.66 |
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.