P/E ratio for Kenon Holdings (KEN)
P/E ratio as of May 2024 (TTM): -2.05
According to Kenon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.05479. At the end of 2022 the company had a P/E ratio of 5.69.
P/E ratio history for Kenon Holdings from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.69 | 87.16% |
| 2021 | 3.04 | -4.97% |
| 2020 | 3.20 | -103.8% |
| 2019 | -84.2 | -4705.86% |
| 2018 | 1.83 | -62.85% |
| 2017 | 4.92 | -423.61% |
| 2016 | -1.52 | -116.24% |
| 2015 | 9.36 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 14.0 | -781.75% | 🇺🇸 USA |
 Nextera Energy NEE | 19.7 | -1,060.70% | 🇺🇸 USA |
 Green Dot GDOT | 10.8 | -626.78% | 🇺🇸 USA |
 Brookfield Infrastructure Partners
BIP | 98.5 | -4,891.32% | 🇧🇲 Bermuda |
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.