P/E ratio for Kansai Paint (4613.T)
P/E ratio as of May 2024 (TTM): 8.26
According to Kansai Paint 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.25913. At the end of 2022 the company had a P/E ratio of 15.7.
P/E ratio history for Kansai Paint from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.7 | -38.65% |
| 2021 | 25.5 | -53.78% |
| 2020 | 55.2 | 35.4% |
| 2019 | 40.8 | 22.93% |
| 2018 | 33.2 | 4.2% |
| 2017 | 31.8 | 70.34% |
| 2016 | 18.7 | -11.19% |
| 2015 | 21.0 | -20.47% |
| 2014 | 26.5 | 38.71% |
| 2013 | 19.1 | 25.06% |
| 2012 | 15.3 | 4.51% |
| 2011 | 14.6 | 0.01% |
| 2010 | 14.6 | -33.03% |
| 2009 | 21.8 |
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.