P/E ratio for Ajinomoto (2802.T)
P/E ratio as of May 2023 (TTM): 28.2
According to Ajinomoto 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.2268. At the end of 2022 the company had a P/E ratio of 25.5.
P/E ratio history for Ajinomoto from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.5 | 18.84% |
| 2021 | 21.5 | -63.61% |
| 2020 | 59.0 | 78.57% |
| 2019 | 33.0 | 83.26% |
| 2018 | 18.0 | -24.45% |
| 2017 | 23.8 | 0.2% |
| 2016 | 23.8 | -32.24% |
| 2015 | 35.1 | 62.47% |
| 2014 | 21.6 | 19.79% |
| 2013 | 18.0 | 6.54% |
| 2012 | 16.9 | -15.27% |
| 2011 | 20.0 | -48.39% |
| 2010 | 38.7 | -181.61% |
| 2009 | -47.5 | -283.02% |
| 2008 | 25.9 | -11.04% |
| 2007 | 29.2 | 24.39% |
| 2006 | 23.4 | 24.42% |
| 2005 | 18.8 | -15.07% |
| 2004 | 22.2 | -9.85% |
| 2003 | 24.6 |
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.