P/E ratio for Klöckner & Co (KCO.DE)
P/E ratio as of May 2024 (TTM): -13.0
According to Klöckner & Co's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.0181. At the end of 2022 the company had a P/E ratio of 3.64.
P/E ratio history for Klöckner & Co from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.64 | 110.62% |
| 2021 | 1.73 | -124.8% |
| 2020 | -6.96 | -37.93% |
| 2019 | -11.2 | -228.75% |
| 2018 | 8.71 | -14.51% |
| 2017 | 10.2 | -68.35% |
| 2016 | 32.2 | -1496.4% |
| 2015 | -2.31 | -105.66% |
| 2014 | 40.7 | -447.97% |
| 2013 | -11.7 | 148.98% |
| 2012 | -4.70 | -113.27% |
| 2011 | 35.4 | 116.25% |
| 2010 | 16.4 | -431.33% |
| 2009 | -4.94 |
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.