Klingelnberg AG
KLIN.SW
#8772
Rank
S$0.16 B
Marketcap
$18.85
Share price
-0.80%
Change (1 day)
-24.25%
Change (1 year)

P/E ratio for Klingelnberg AG (KLIN.SW)

P/E ratio at the end of 2023: 6.70

According to Klingelnberg AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.49688. At the end of 2023 the company had a P/E ratio of 6.70.

P/E ratio history for Klingelnberg AG from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.70-196.53%
2022-6.94-78.44%
2021-32.2775.97%
2020-3.68-121.59%
201917.0

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.