Bridgestone
5108.T
#645
Rank
$29.81 B
Marketcap
$43.54
Share price
0.72%
Change (1 day)
9.76%
Change (1 year)
Categories
K.K. Bridgestone is a Japanese tire manufacturer. The company produces tires for cars, buses, trucks and other vehicles.

P/E ratio for Bridgestone (5108.T)

P/E ratio as of April 2024 (TTM): 10.5

According to Bridgestone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5029. At the end of 2022 the company had a P/E ratio of 10.8.

P/E ratio history for Bridgestone from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.822.67%
20218.83-108.64%
2020-102-938.06%
201912.211.76%
201810.9-21.69%
201713.912.18%
201612.48.09%
201511.55.11%
201410.9-29.06%
201315.452.03%
201210.1-23.52%
201113.36.66%
201012.4-98.98%
2009> 1000

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.