P/E ratio for Kingfisher (KGF.L)
P/E ratio at the end of 2023: 12.3
According to Kingfisher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1116.62. At the end of 2023 the company had a P/E ratio of 12.3.
P/E ratio history for Kingfisher from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 12.3 | 53.24% |
| 2022 | 8.00 | -17.15% |
| 2021 | 9.66 | -98.1% |
| 2020 | 508 | 1946.14% |
| 2019 | 24.8 | 71.14% |
| 2018 | 14.5 | 13.28% |
| 2017 | 12.8 | -22.61% |
| 2016 | 16.5 | 36.86% |
| 2015 | 12.1 | 26% |
| 2014 | 9.59 | 3.15% |
| 2013 | 9.29 | 23.42% |
| 2012 | 7.53 | -23.41% |
| 2011 | 9.83 | -7.51% |
| 2010 | 10.6 | -25.17% |
| 2009 | 14.2 | 80.12% |
| 2008 | 7.89 | -26.54% |
| 2007 | 10.7 | -63.54% |
| 2006 | 29.4 | 168.69% |
| 2005 | 11.0 | -43.81% |
| 2004 | 19.5 | -10.59% |
| 2003 | 21.8 | -206.92% |
| 2002 | -20.4 | -227.94% |
| 2001 | 15.9 |
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.