Kite Realty
KRG
#2771
Rank
$4.46 B
Marketcap
$20.02
Share price
-0.89%
Change (1 day)
-3.29%
Change (1 year)

P/E ratio for Kite Realty (KRG)

P/E ratio as of April 2024 (TTM): 118

According to Kite Realty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 117.765. At the end of 2022 the company had a P/E ratio of -301.

P/E ratio history for Kite Realty from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-301331.97%
2021-69.6-11.18%
2020-78.4-95.99%
2019< -10007523.49%
2018-25.6-118.31%
2017140-88.08%
2016> 1000737.35%
2015140-212.2%
2014-125130.23%
2013-54.374.76%
2012-31.1-93.11%
2011-4511067.1%
2010-38.6-100%
2009< -1000-4.0087871145515E+18%
200829.3-9.93%
200732.5-40.67%
200654.8119.48%
200525.0-104.47%
2004-558

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.56-103.02%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-86.19%๐Ÿ‡บ๐Ÿ‡ธ USA
29.4-75.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.