P/E ratio for KEC International (KEC.NS)
P/E ratio as of May 2024 (TTM): 105
According to KEC International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 105.357. At the end of 2022 the company had a P/E ratio of 58.9.
P/E ratio history for KEC International from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 58.9 | 97.93% |
| 2021 | 29.7 | 75.19% |
| 2020 | 17.0 | 24.93% |
| 2019 | 13.6 | -13.46% |
| 2018 | 15.7 | -34.72% |
| 2017 | 24.1 | 56.35% |
| 2016 | 15.4 | -48.47% |
| 2015 | 29.9 | 63.57% |
| 2014 | 18.3 | -77% |
| 2013 | 79.4 | 609.26% |
| 2012 | 11.2 |
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.