P/E ratio for Asahi Group (2502.T)
P/E ratio as of June 2023 (TTM): 16.1
According to Asahi Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.12. At the end of 2021 the company had a P/E ratio of 14.8.
P/E ratio history for Asahi Group from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.8 | -31.61% |
| 2020 | 21.6 | 34.54% |
| 2019 | 16.1 | 24% |
| 2018 | 12.9 | -28.73% |
| 2017 | 18.2 | -4.14% |
| 2016 | 18.9 | -17.08% |
| 2015 | 22.9 | -9.17% |
| 2014 | 25.2 | 15.2% |
| 2013 | 21.8 | 45.92% |
| 2012 | 15.0 | 4.81% |
| 2011 | 14.3 | 3.57% |
| 2010 | 13.8 | -17.47% |
| 2009 | 16.7 | 4.53% |
| 2008 | 16.0 | -19.81% |
| 2007 | 19.9 | -1.64% |
| 2006 | 20.3 | 15.77% |
| 2005 | 17.5 | -13.77% |
| 2004 | 20.3 | -2.77% |
| 2003 | 20.9 | -22.45% |
| 2002 | 26.9 |
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.