P/E ratio for “K” Line (9107.T)
P/E ratio as of April 2024 (TTM): 1.06
According to “K” Line 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.06441. At the end of 2022 the company had a P/E ratio of 0.9019.
P/E ratio history for “K” Line from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.9019 | -34.5% |
| 2021 | 1.38 | -69.74% |
| 2020 | 4.55 | -244.05% |
| 2019 | -3.16 | -25.36% |
| 2018 | -4.23 | 18.96% |
| 2017 | -3.56 | 65.24% |
| 2016 | -2.15 | -102.73% |
| 2015 | 78.8 | 777.33% |
| 2014 | 8.98 | -39.26% |
| 2013 | 14.8 | 23.25% |
| 2012 | 12.0 | -606.18% |
| 2011 | -2.37 | -122.96% |
| 2010 | 10.3 | -530.38% |
| 2009 | -2.40 |
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.