P/E ratio for Kolibri Global Energy (KGEI)
P/E ratio as of May 2024 (TTM): 4.72
According to Kolibri Global Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.71642. At the end of 2022 the company had a P/E ratio of 6.28.
P/E ratio history for Kolibri Global Energy from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.28 | 3090.6% |
| 2021 | 0.1967 | -247.54% |
| 2020 | -0.1333 | -99.88% |
| 2019 | -114 | -1057.12% |
| 2018 | 11.9 | -130.56% |
| 2017 | -39.1 | 839.13% |
| 2016 | -4.16 | -4.17% |
| 2015 | -4.34 | 289.19% |
| 2014 | -1.12 | -90.34% |
| 2013 | -11.5 | 112.86% |
| 2012 | -5.42 | |
| 2010 | -121 | 1316.67% |
| 2009 | -8.55 |
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.