Kellton Tech Solutions
KELLTONTEC.NS
#8194
Rank
NZ$0.28 B
Marketcap
$2.88
Share price
0.84%
Change (1 day)
72.87%
Change (1 year)

P/E ratio for Kellton Tech Solutions (KELLTONTEC.NS)

P/E ratio as of November 2024 (TTM): -10.0

According to Kellton Tech Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.0443. At the end of 2022 the company had a P/E ratio of 7.82.

P/E ratio history for Kellton Tech Solutions from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.82-8.56%
20218.56-21.99%
202011.0375.9%
20192.30-49.75%
20184.59-44.22%
20178.22-25.06%
201611.0

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.