P/E ratio for KION Group (KGX.DE)
P/E ratio as of May 2024 (TTM): 21.8
According to KION Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8416. At the end of 2022 the company had a P/E ratio of 35.7.
P/E ratio history for KION Group from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.7 | 60.19% |
| 2021 | 22.3 | -43.64% |
| 2020 | 39.5 | 147.85% |
| 2019 | 16.0 | 21.47% |
| 2018 | 13.1 | -33.52% |
| 2017 | 19.8 | -11.69% |
| 2016 | 22.4 | 6.18% |
| 2015 | 21.1 | 18.65% |
| 2014 | 17.8 | 3.86% |
| 2013 | 17.1 |
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.