P/E ratio for Akatsuki Corp. (8737.T)
P/E ratio as of April 2024 (TTM): 8.90
According to Akatsuki Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.89773. At the end of 2022 the company had a P/E ratio of 28.8.
P/E ratio history for Akatsuki Corp. from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.8 | 281.03% |
| 2021 | 7.56 | 65.63% |
| 2020 | 4.57 | -51.18% |
| 2019 | 9.35 | -56.72% |
| 2018 | 21.6 | 281.87% |
| 2017 | 5.66 | -103.73% |
| 2016 | -152 | 1241.42% |
| 2015 | -11.3 | -253.53% |
| 2014 | 7.36 | 24.99% |
| 2013 | 5.89 | 361.77% |
| 2012 | 1.28 | -114.41% |
| 2011 | -8.85 | -1002.3% |
| 2010 | 0.9813 | -165.34% |
| 2009 | -1.50 |
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.