Kaixin Auto
KXIN
#9919
Rank
NZ$5.45 M
Marketcap
$5.53
Share price
-8.33%
Change (1 day)
47.82%
Change (1 year)

P/E ratio for Kaixin Auto (KXIN)

P/E ratio as of November 2024 (TTM): 0.0958

According to Kaixin Auto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.0957877. At the end of 2018 the company had a P/E ratio of 125.

P/E ratio history for Kaixin Auto from 2017 to 2019

PE ratio at the end of each year

Year P/E ratio Change
2018125-99.12%
2017> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.0958 0.00%๐Ÿ‡จ๐Ÿ‡ณ China
-0.1721-279.66%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.