P/E ratio for Kirin Holdings (2503.T)
P/E ratio as of April 2024 (TTM): 19.3
According to Kirin Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2849. At the end of 2022 the company had a P/E ratio of 14.8.
P/E ratio history for Kirin Holdings from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.8 | -42.53% |
| 2021 | 25.8 | -9.19% |
| 2020 | 28.4 | -19.33% |
| 2019 | 35.2 | 180.64% |
| 2018 | 12.5 | 16.93% |
| 2017 | 10.7 | -8.07% |
| 2016 | 11.7 | -136.69% |
| 2015 | -31.8 | -174.75% |
| 2014 | 42.5 | 153.91% |
| 2013 | 16.7 | -3.34% |
| 2012 | 17.3 | -85.78% |
| 2011 | 122 | 27.7% |
| 2010 | 95.3 | 221.08% |
| 2009 | 29.7 | |
| 2005 | 26.0 |
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.