According to Kandi Technologies Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.7719. At the end of 2022 the company had a P/E ratio of -14.3.
Year | P/E ratio | Change |
---|---|---|
2022 | -14.3 | -238.46% |
2021 | 10.4 | -128.51% |
2020 | -36.3 | 15.17% |
2019 | -31.5 | -4.44% |
2018 | -33.0 | 186.32% |
2017 | -11.5 | -67.51% |
2016 | -35.5 | -200.9% |
2015 | 35.2 | -37.26% |
2014 | 56.0 | -380.44% |
2013 | -20.0 | -210.18% |
2012 | 18.1 | 61.76% |
2011 | 11.2 | -108.51% |
2010 | -132 | -249.72% |
2009 | 88.0 | 2720.51% |
2008 | 3.12 | -82.17% |
2007 | 17.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 33.0 | -223.28% | ๐บ๐ธ USA |
![]() | 3.49 | -113.02% | ๐บ๐ธ USA |
![]() | 301 | -1,226.11% | ๐ฎ๐ณ India |
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.