KONE
KNEBV.HE
#780
Rank
$22.34 B
Marketcap
$43.12
Share price
0.38%
Change (1 day)
-48.29%
Change (1 year)

P/E ratio for KONE (KNEBV.HE)

P/E ratio as of August 2022 (TTM): 24.9

According to KONE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.9341. At the end of 2021 the company had a P/E ratio of 32.3.

P/E ratio history for KONE from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202132.3-11.96%
202036.714.04%
201932.2

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.