P/E ratio for Kontoor Brands (KTB)
P/E ratio as of April 2024 (TTM): 14.1
According to Kontoor Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0992. At the end of 2022 the company had a P/E ratio of 9.11.
P/E ratio history for Kontoor Brands from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.11 | -39.57% |
| 2021 | 15.1 | -55.78% |
| 2020 | 34.1 | 38.98% |
| 2019 | 24.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 VF Corporation VFC | -22.1 | -256.68% | 🇺🇸 USA |
 Levi Strauss LEVI | 28.7 | 103.89% | 🇺🇸 USA |
 Kontoor Brands
KTB | 14.1 | 0.00% | 🇺🇸 USA |
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.