Kronos Worldwide
KRO
#5045
Rank
$0.89 B
Marketcap
$7.75
Share price
1.97%
Change (1 day)
-55.84%
Change (1 year)

P/E ratio for Kronos Worldwide (KRO)

P/E ratio as of October 2023 (TTM): -38.0

According to Kronos Worldwide's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38. At the end of 2021 the company had a P/E ratio of 15.3.

P/E ratio history for Kronos Worldwide from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202115.3-43.5%
202027.151.73%
201917.9174.51%
20186.51-22.46%
20178.39-73.99%
201632.3-958.25%
2015-3.76-124.84%
201415.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.68-120.20%๐Ÿ‡บ๐Ÿ‡ธ USA
56.8-249.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.9-60.89%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-149.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.53-74.92%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7-164.98%๐Ÿ‡บ๐Ÿ‡ธ 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.