P/E ratio for Ajinomoto (2802.T)
P/E ratio as of April 2024 (TTM): 28.6
According to Ajinomoto 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.618. At the end of 2022 the company had a P/E ratio of 30.4.
P/E ratio history for Ajinomoto from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.4 | 25.04% |
| 2021 | 24.3 | 10.91% |
| 2020 | 22.0 | -32.82% |
| 2019 | 32.7 | -19.76% |
| 2018 | 40.7 | 101.72% |
| 2017 | 20.2 | -39.12% |
| 2016 | 33.2 | 69.17% |
| 2015 | 19.6 | -33.3% |
| 2014 | 29.4 | 1.28% |
| 2013 | 29.0 | 110.44% |
| 2012 | 13.8 | -12.89% |
| 2011 | 15.8 | -67.73% |
| 2010 | 49.1 | 151.42% |
| 2009 | 19.5 |
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.