P/E ratio for Kornit Digital (KRNT)
P/E ratio as of May 2023 (TTM): -61.5
According to Kornit Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -61.5. At the end of 2019 the company had a P/E ratio of 263.
P/E ratio history for Kornit Digital from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 263 | 406.36% |
| 2018 | 52.0 | |
| 2015 | 70.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advanced Emissions Solutions ADES | 1.41 | -102.29% | 🇺🇸 USA |
 Quad QUAD | -10.5 | -82.95% | 🇺🇸 USA |
 ARC Document Solutions ARC | 11.0 | -117.89% | 🇺🇸 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.