Kelsian Group
KLS.AX
#6232
Rank
A$1.02 B
Marketcap
$3.77
Share price
0.80%
Change (1 day)
-41.81%
Change (1 year)

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

P/E ratio at the end of 2023: 118

According to Kelsian Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.6654. At the end of 2023 the company had a P/E ratio of 118.

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

PE ratio at the end of each year

Year P/E ratio Change
2023118234.8%
202235.3-49.97%
202170.5-189.23%
2020-79.0-416.02%
201925.0-19.4%
201831.039.2%
201722.3-3.28%
201623.00.16%
201523.031.12%
201417.5

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.