Kardex Holding
KARN.SW
#4107
Rank
HK$16.73 B
Marketcap
HK$2,167
Share price
-2.38%
Change (1 day)
-1.36%
Change (1 year)

P/E ratio for Kardex Holding (KARN.SW)

P/E ratio at the end of 2023: 24.2

According to Kardex Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.0613. At the end of 2023 the company had a P/E ratio of 24.2.

P/E ratio history for Kardex Holding from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202324.2-25.89%
202232.6-40.51%
202154.849.03%
202036.817.72%
201931.322.35%
201825.5-20.41%
201732.115.66%
201627.716.73%
201523.840.69%
201416.974.14%
20139.706.04%
20129.15-65.58%
201126.6-233.62%
2010-19.9-107.07%
20092814591.32%
20085.99-70.72%
200720.5-31.76%
200630.097.73%
200515.2-89.03%
2004138

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.