Kinnevik
KINV-A.ST
#3310
Rank
$3.37 B
Marketcap
$11.97
Share price
-0.31%
Change (1 day)
-26.49%
Change (1 year)

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

P/E ratio as of May 2024 (TTM): -4.99

According to Kinnevik's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.98909. At the end of 2022 the company had a P/E ratio of -2.06.

P/E ratio history for Kinnevik from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.06-131.83%
20216.49122.25%
20202.92-4.27%
20193.05-170.8%
2018-4.31-217.21%
20173.67-121.61%
2016-17.0-129.6%
201557.41657.77%
20143.27-64.93%
20139.31-88.13%
201278.51342.16%
20115.44105.79%
20102.6442.85%
20091.85

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.