According to Itōchū Shōji's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7541. At the end of 2022 the company had a P/E ratio of 7.40.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.40 | 1.38% |
2021 | 7.30 | -27.38% |
2020 | 10.0 | 39.87% |
2019 | 7.18 | 9.5% |
2018 | 6.56 | -17.86% |
2017 | 7.99 | -15.21% |
2016 | 9.42 | 44.79% |
2015 | 6.51 | -20.57% |
2014 | 8.19 | 12.52% |
2013 | 7.28 | 46.93% |
2012 | 4.95 | -5.93% |
2011 | 5.27 | -21.82% |
2010 | 6.74 | -47.98% |
2009 | 12.9 |
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.