P/E ratio for ALSOK (2331.T)
P/E ratio as of April 2024 (TTM): 15.3
According to ALSOK's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.302. At the end of 2022 the company had a P/E ratio of 84.2.
P/E ratio history for ALSOK from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 84.2 | 17.33% |
| 2021 | 71.8 | -37.7% |
| 2020 | 115 | -3.93% |
| 2019 | 120 | -6.36% |
| 2018 | 128 | -22.52% |
| 2017 | 165 | 33.2% |
| 2016 | 124 | -25.19% |
| 2015 | 166 | 35.55% |
| 2014 | 122 | 10.38% |
| 2013 | 111 | 61.32% |
| 2012 | 68.7 | -54.56% |
| 2011 | 151 | 56.65% |
| 2010 | 96.5 | -10.75% |
| 2009 | 108 |
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.