Advantest
6857.T
#727
Rank
$26.76 B
Marketcap
$36.25
Share price
-0.87%
Change (1 day)
-72.28%
Change (1 year)

P/E ratio for Advantest (6857.T)

P/E ratio as of June 2024 (TTM): 18.7

According to Advantest 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6823. At the end of 2022 the company had a P/E ratio of 31.3.

P/E ratio history for Advantest from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.3-28.98%
202144.1-30.94%
202063.9-3.41%
201966.2266.24%
201818.1-57.29%
201742.3-27.78%
201658.6171.57%
201521.6-92.46%
2014286-1413%
2013-21.8-147.17%
201246.2-173.62%
2011-62.7-140.72%
2010154-2515.19%
2009-6.38-85.31%
2008-43.4-193.25%
200746.6-18.48%
200657.1-42.24%
200598.9

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.