Kaldalรณn
KALD.IC
#7986
Rank
NZ$0.38 B
Marketcap
$0.34
Share price
0.19%
Change (1 day)
64.50%
Change (1 year)

P/E ratio for Kaldalรณn (KALD.IC)

P/E ratio at the end of 2022: 6.91

According to Kaldalรณn's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3133. At the end of 2022 the company had a P/E ratio of 6.91.

P/E ratio history for Kaldalรณn from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20226.91-4.71%
20217.25-33.08%
202010.8-28.56%
201915.2

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.