P/E ratio for Asahi Group (2502.T)
P/E ratio as of April 2024 (TTM): 15.7
According to Asahi Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6985. At the end of 2022 the company had a P/E ratio of 13.8.
P/E ratio history for Asahi Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.8 | -6.76% |
| 2021 | 14.8 | -31.9% |
| 2020 | 21.7 | 35.13% |
| 2019 | 16.1 | 24.01% |
| 2018 | 12.9 | -28.73% |
| 2017 | 18.2 | -4.15% |
| 2016 | 18.9 | -17.79% |
| 2015 | 23.0 | -8.5% |
| 2014 | 25.2 | 15.67% |
| 2013 | 21.8 | 45.53% |
| 2012 | 15.0 | 4.81% |
| 2011 | 14.3 | 3.56% |
| 2010 | 13.8 | -17.46% |
| 2009 | 16.7 |
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.