Ajinomoto
2802.T
#1021
Rank
$17.88 B
Marketcap
$35.11
Share price
-1.84%
Change (1 day)
-12.37%
Change (1 year)
Categories

P/E ratio for Ajinomoto (2802.T)

P/E ratio as of June 2024 (TTM): 28.1

According to Ajinomoto 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.0672. 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
202230.425.04%
202124.310.91%
202022.0-32.82%
201932.7-19.76%
201840.7101.72%
201720.2-39.12%
201633.269.17%
201519.6-33.3%
201429.41.28%
201329.0110.44%
201213.8-12.89%
201115.8-67.73%
201049.1151.42%
200919.5

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.