P/E ratio for Adeka Corporation (4401.T)
P/E ratio as of May 2024 (TTM): 19.1
According to Adeka Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.114. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Adeka Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | 9.6% |
| 2021 | 10.5 | -12.03% |
| 2020 | 12.0 | 8.57% |
| 2019 | 11.0 | 0.59% |
| 2018 | 11.0 | -11.63% |
| 2017 | 12.4 | 8.82% |
| 2016 | 11.4 | -15.83% |
| 2015 | 13.6 | -11.85% |
| 2014 | 15.4 | 38.19% |
| 2013 | 11.1 | -16.36% |
| 2012 | 13.3 | -44.29% |
| 2011 | 23.9 | 113.59% |
| 2010 | 11.2 | -77.06% |
| 2009 | 48.7 |
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.