KONE Oyj (KONE Oyj) Forward PE Ratio : 20.37 (As of Apr. 26, 2024)

View and export this data going back to . Start your Free Trial

What is KONE Oyj Forward PE Ratio?

KONE Oyj's Forward PE Ratio for today is 20.37.

KONE Oyj's PE Ratio without NRI for today is 24.57.

KONE Oyj's PE Ratio for today is 24.57.

KONE Oyj Forward PE Ratio Historical Data

The historical data trend for KONE Oyj's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KONE Oyj Forward PE Ratio Chart

KONE Oyj Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

20.83

21.41

22.47

20.79

29.07

31.35

27.40

24.63

20.62

20.53

KONE Oyj Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	20.83	22.17	21.19	21.69	21.41	21.65	22.99	22.42	22.47	21.05	23.53	22.17	20.79	22.83	27.86	26.25	29.07	27.78	34.25	34.13	31.35	33.11	33.67	27.78	27.40	26.39	23.70	19.76	24.63	26.11	24.33	19.05	20.62	20.79

Competitive Comparison of KONE Oyj's Forward PE Ratio

For the Specialty Industrial Machinery subindustry, KONE Oyj's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

KONE Oyj's Forward PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KONE Oyj's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where KONE Oyj's Forward PE Ratio falls into.

KONE Oyj Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

KONE Oyj (OTCPK:KNYJF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

KONE Oyj Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of KONE Oyj's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

KONE Oyj (KONE Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KONE Oyj (OTCPK:KNYJF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

KNYJY:USA 1KNEBV:Italy KNEBVh:UK 0II2:UK KNEBV:Finland KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.