P/E ratio for Kossan Rubber Industries (7153.KL)
P/E ratio as of April 2024 (TTM): -660
According to Kossan Rubber Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -659.718. At the end of 2022 the company had a P/E ratio of 17.9.
P/E ratio history for Kossan Rubber Industries from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.9 | 941.68% |
| 2021 | 1.72 | -83.79% |
| 2020 | 10.6 | -55.31% |
| 2019 | 23.7 | -14.36% |
| 2018 | 27.7 | -2.8% |
| 2017 | 28.5 | 12.91% |
| 2016 | 25.2 | -14.09% |
| 2015 | 29.4 | 49.54% |
| 2014 | 19.6 | -1.66% |
| 2013 | 20.0 | 90.19% |
| 2012 | 10.5 |
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.