Knaus Tabbert AG
KTA.DE
#8436
Rank
โ‚น11.82 B
Marketcap
โ‚น1,139
Share price
7.69%
Change (1 day)
-68.46%
Change (1 year)

P/E ratio for Knaus Tabbert AG (KTA.DE)

P/E ratio as of November 2024 (TTM): 2.16

According to Knaus Tabbert AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.16453. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Knaus Tabbert AG from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-49.24%
202122.162.21%
202013.6

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.