P/E ratio for ABC-Mart (2670.T)
P/E ratio as of April 2024 (TTM): 8.32
According to ABC-Mart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.32025. At the end of 2022 the company had a P/E ratio of 32.4.
P/E ratio history for ABC-Mart from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.4 | 57.43% |
| 2021 | 20.6 | -29.18% |
| 2020 | 29.1 | 12.6% |
| 2019 | 25.8 | 23.85% |
| 2018 | 20.9 | -13.67% |
| 2017 | 24.2 | -4.48% |
| 2016 | 25.3 | -2.13% |
| 2015 | 25.8 | 12.04% |
| 2014 | 23.1 | 5.22% |
| 2013 | 21.9 | 22.57% |
| 2012 | 17.9 | -32.74% |
| 2011 | 26.6 | 8.34% |
| 2010 | 24.5 |
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.