Advantest
6857.T
#1230
Rank
$12.48 B
Marketcap
$66.84
Share price
-0.96%
Change (1 day)
-21.60%
Change (1 year)

P/E ratio for Advantest (6857.T)

P/E ratio as of November 2022 (TTM): 16.0

According to Advantest 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0173. At the end of 2022 the company had a P/E ratio of 21.7.

P/E ratio history for Advantest from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202221.7-20.31%
202127.271.33%
202015.982.65%
20198.71-60.19%
201821.9-15.26%
201725.8-5.03%
201627.233.39%
201520.4-467.91%
2014-5.54-91.08%
2013-62.1-39.68%
2012-103-228.6%
201180.0-319.2%
2010-36.5940.21%
2009-3.51-112.13%
200828.94.91%
200727.6-12.27%
200631.451.41%
200520.8-56.92%
200448.2-253.27%
2003-31.5-22.27%
2002-40.5-273.55%
200123.3

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.