KIOCL
KIOCL.NS
#3866
Rank
C$3.51 B
Marketcap
$5.79
Share price
-3.54%
Change (1 day)
13.37%
Change (1 year)

P/E ratio for KIOCL (KIOCL.NS)

P/E ratio as of November 2024 (TTM): -184

According to KIOCL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -184.224. At the end of 2022 the company had a P/E ratio of 992.

P/E ratio history for KIOCL from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229921865.5%
202150.5-22%
202064.7-44.81%
201911743.24%
201881.9-77.2%
20173592909.82%
201611.9

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.