Koรง Holding
KCHOL.IS
#1422
Rank
$12.65 B
Marketcap
$4.99
Share price
4.26%
Change (1 day)
1.25%
Change (1 year)

P/E ratio for Koรง Holding (KCHOL.IS)

P/E ratio as of November 2024 (TTM): 2.99

According to Koรง Holding 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.98924. At the end of 2022 the company had a P/E ratio of 3.04.

P/E ratio history for Koรง Holding from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.04-35.83%
20214.74-18.52%
20205.81-50.53%
201911.880.52%
20186.51-31.81%
20179.55-5.65%
201610.130.24%
20157.77-32.97%
201411.639.2%
20138.33-17.64%
201210.157.09%
20116.44-38.56%
201010.540.04%
20097.48

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.