P/E ratio for Kingspan Group (KRX.IR)
P/E ratio at the end of 2022: 15.4
According to Kingspan Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6936. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for Kingspan Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | -52.98% |
| 2021 | 32.8 | 27.47% |
| 2020 | 25.7 | 1.03% |
| 2019 | 25.5 | 30.49% |
| 2018 | 19.5 | -4.9% |
| 2017 | 20.5 | 11.9% |
| 2016 | 18.3 | -19.74% |
| 2015 | 22.9 | 15.24% |
| 2014 | 19.8 | 0.98% |
| 2013 | 19.6 | 26.42% |
| 2012 | 15.5 | 9.14% |
| 2011 | 14.2 | -28.15% |
| 2010 | 19.8 | 27.22% |
| 2009 | 15.6 | 81.86% |
| 2008 | 8.56 | 19.87% |
| 2007 | 7.14 | -60.8% |
| 2006 | 18.2 | 22.68% |
| 2005 | 14.9 | 24.2% |
| 2004 | 12.0 | 4.43% |
| 2003 | 11.5 | 118.34% |
| 2002 | 5.24 |
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.