P/E ratio for Japan Tobacco (2914.T)
P/E ratio as of June 2024 (TTM): 14.8
According to Japan Tobacco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7694. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Japan Tobacco from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -12.39% |
| 2021 | 12.2 | 1.29% |
| 2020 | 12.0 | -3.19% |
| 2019 | 12.4 | 2.17% |
| 2018 | 12.2 | -26.95% |
| 2017 | 16.6 | 1.91% |
| 2016 | 16.3 | -1.16% |
| 2015 | 16.5 | |
| 2013 | 14.2 | 8.01% |
| 2012 | 13.2 | 17.21% |
| 2011 | 11.2 | -40.83% |
| 2010 | 19.0 | -37.35% |
| 2009 | 30.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 19.3 | 30.70% | 🇺🇸 USA |
 Altria Group MO | 9.25 | -37.34% | 🇺🇸 USA |
 Vector Group
VGR | 10.0 | -32.23% | 🇺🇸 USA |
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.