P/E ratio for ASICS Corporation (7936.T)
P/E ratio as of April 2024 (TTM): 35.7
According to ASICS Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.6937. At the end of 2022 the company had a P/E ratio of 26.8.
P/E ratio history for ASICS Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.8 | -45.94% |
| 2021 | 49.6 | -321% |
| 2020 | -22.5 | -146.88% |
| 2019 | 47.9 | -466.82% |
| 2018 | -13.1 | -149.68% |
| 2017 | 26.3 | -7.68% |
| 2016 | 28.5 | -39.16% |
| 2015 | 46.8 | 99.46% |
| 2014 | 23.5 | 11.88% |
| 2013 | 21.0 | 38.29% |
| 2012 | 15.2 | -0.08% |
| 2011 | 15.2 | -10.6% |
| 2010 | 17.0 | -3.25% |
| 2009 | 17.5 |
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.