Kelsian Group
KLS.AX
#6399
Rank
S$1.01 B
Marketcap
S$3.73
Share price
0.70%
Change (1 day)
23.69%
Change (1 year)

P/E ratio for Kelsian Group (KLS.AX)

P/E ratio at the end of 2023: 71.9

According to Kelsian Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.9688. At the end of 2023 the company had a P/E ratio of 71.9.

P/E ratio history for Kelsian Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202371.9243.26%
202220.9-49.2%
202141.2-191.32%
2020-45.2-426.24%
201913.8-16.54%
201816.644.05%
201711.5-0.47%
201611.63.44%
201511.235.73%
20148.24

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.