According to Furukawa Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8852. At the end of 2023 the company had a P/E ratio of 10.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 10.7 | -30.79% |
2022 | 15.5 | -27.07% |
2021 | 21.3 | 169.16% |
2020 | 7.91 | 12.85% |
2019 | 7.01 | -50.29% |
2018 | 14.1 | -11.19% |
2017 | 15.9 | -7.03% |
2016 | 17.1 | -11.93% |
2015 | 19.4 | -39.64% |
2014 | 32.1 | -18.59% |
2013 | 39.4 | -382.41% |
2012 | -14.0 | -171.92% |
2011 | 19.4 | -45.74% |
2010 | 35.8 | -769.97% |
2009 | -5.34 | -136.76% |
2008 | 14.5 | -14.89% |
2007 | 17.1 | -35.36% |
2006 | 26.4 | 32.16% |
2005 | 20.0 |
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.