P/E ratio for Kongsberg Gruppen (KOG.OL)
P/E ratio as of May 2024 (TTM): 43.7
According to Kongsberg Gruppen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.7295. At the end of 2022 the company had a P/E ratio of 26.6.
P/E ratio history for Kongsberg Gruppen from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.6 | 12.38% |
| 2021 | 23.7 | 116.73% |
| 2020 | 10.9 | -69.21% |
| 2019 | 35.5 | 66.07% |
| 2018 | 21.4 | -24.63% |
| 2017 | 28.3 | 23.84% |
| 2016 | 22.9 | -1.67% |
| 2015 | 23.3 | 37.75% |
| 2014 | 16.9 | 35.69% |
| 2013 | 12.5 | 10.44% |
| 2012 | 11.3 | 16.05% |
| 2011 | 9.72 | -8.98% |
| 2010 | 10.7 | -17.39% |
| 2009 | 12.9 |
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.