Kellogg's
K
#737
Rank
A$41.68 B
Marketcap
$121.21
Share price
0.20%
Change (1 day)
36.40%
Change (1 year)
Categories
The Keyllogg company is multinational food manufacturing company that produces cereal and convenience foods, such as crackers, toaster pastries and corn flakes.

P/E ratio for Kellogg's (K)

P/E ratio as of September 2024 (TTM): 31.9

According to Kellogg's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.8557. At the end of 2022 the company had a P/E ratio of 23.7.

P/E ratio history for Kellogg's from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.770.98%
202113.9-13.34%
202016.0-30.48%
201923.066.05%
201813.9-20.48%
201717.4-50.11%
201635.0-10.89%
201539.212.35%
201434.9203.2%
201311.5-43.35%
201220.345.54%
201114.00.17%
201013.9-11.52%
200915.815.2%
200813.7-22.48%
200717.6-4.65%
200618.58.53%
200517.1-11.76%
200419.34.31%
200318.51.33%
200218.3-24.31%
200124.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.1-43.31%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3-30.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.0-197.29%๐Ÿ‡บ๐Ÿ‡ธ USA
28.5-10.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.84-118.34%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-35.01%๐Ÿ‡บ๐Ÿ‡ธ USA
22.5-29.40%๐Ÿ‡บ๐Ÿ‡ธ USA
60.5 89.87%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.