Kontoor Brands
KTB
#3530
Rank
$1.91 B
Marketcap
$34.62
Share price
-1.62%
Change (1 day)
-34.23%
Change (1 year)
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P/E ratio for Kontoor Brands (KTB)

P/E ratio as of September 2022 (TTM): 7.85

According to Kontoor Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.85034. At the end of 2021 the company had a P/E ratio of 15.1.

P/E ratio history for Kontoor Brands from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202115.1-55.78%
202034.138.98%
201924.5

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.