Monex Group
8698.T
#5009
Rank
A$2.04 B
Marketcap
$7.99
Share price
0.38%
Change (1 day)
15.72%
Change (1 year)

P/E ratio for Monex Group (8698.T)

P/E ratio as of November 2024 (TTM): 39.1

According to Monex Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.1267. At the end of 2022 the company had a P/E ratio of 46.6.

P/E ratio history for Monex Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246.6442.34%
20218.58-37.92%
202013.8-83.95%
201986.2315.2%
201820.86.74%
201719.4-84.16%
2016123546.81%
201519.0-27.33%
201426.1132.67%
201311.2-98.13%
20126001237.09%
201144.960.61%
201028.0-94.33%
2009493

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.