Kimball Electronics
KE
#6610
Rank
NZ$0.85 B
Marketcap
$34.81
Share price
-0.57%
Change (1 day)
-12.90%
Change (1 year)

P/E ratio for Kimball Electronics (KE)

P/E ratio as of November 2024 (TTM): 9.27

According to Kimball Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.27232. At the end of 2022 the company had a P/E ratio of 12.9.

P/E ratio history for Kimball Electronics from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.9-22.88%
202116.753.88%
202010.9-20.67%
201913.7-3.52%
201814.2-52.5%
201729.982.47%
201616.420.85%
201513.6-9.75%
201415.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
48.9 427.16%๐Ÿ‡บ๐Ÿ‡ธ USA
41.0 341.70%๐Ÿ‡จ๐Ÿ‡ฆ Canada
52.7 468.88%๐Ÿ‡บ๐Ÿ‡ธ USA
114 1,127.35%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.