P/E ratio for World Kinect (WKC)
P/E ratio as of May 2024 (TTM): 14.2
According to World Kinect's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1977. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for World Kinect from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | -34.35% |
| 2021 | 22.6 | 24.16% |
| 2020 | 18.2 | 13.73% |
| 2019 | 16.0 | 41.44% |
| 2018 | 11.3 | -201.85% |
| 2017 | -11.1 | -144.34% |
| 2016 | 25.1 | 68.95% |
| 2015 | 14.8 | -0.65% |
| 2014 | 14.9 | -1.65% |
| 2013 | 15.2 | -2.18% |
| 2012 | 15.5 | 1.4% |
| 2011 | 15.3 | -0.01% |
| 2010 | 15.3 | 13.81% |
| 2009 | 13.5 | 32.08% |
| 2008 | 10.2 | -18.89% |
| 2007 | 12.6 | -34.14% |
| 2006 | 19.1 | -4.93% |
| 2005 | 20.1 | 5.6% |
| 2004 | 19.0 | 16.45% |
| 2003 | 16.3 | |
| 2001 | 11.5 |
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.