KION Group
KGX.DE
#2095
Rank
$5.92 B
Marketcap
$45.17
Share price
-1.12%
Change (1 day)
-57.18%
Change (1 year)

P/E ratio for KION Group (KGX.DE)

P/E ratio as of August 2022 (TTM): 10.0

According to KION Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0484. At the end of 2021 the company had a P/E ratio of 22.2.

P/E ratio history for KION Group from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202122.2-43.46%
202039.3144.78%
201916.122.32%
201813.1-32.62%
201719.5-12.88%
201622.46.18%
201521.117.99%
201417.9-2.48%
201318.3

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.