P/E ratio for Bridgestone (5108.T)
P/E ratio as of March 2023 (TTM): 13.5
According to Bridgestone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4744. At the end of 2021 the company had a P/E ratio of 8.84.
P/E ratio history for Bridgestone from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.84 | -108.65% |
| 2020 | -102 | -1117.51% |
| 2019 | 10.1 | -7.95% |
| 2018 | 10.9 | -21.69% |
| 2017 | 13.9 | 12.18% |
| 2016 | 12.4 | 8.09% |
| 2015 | 11.5 | 5.11% |
| 2014 | 10.9 | -29.06% |
| 2013 | 15.4 | 52.03% |
| 2012 | 10.1 | -23.53% |
| 2011 | 13.3 | 6.68% |
| 2010 | 12.4 | -98.98% |
| 2009 | > 1000 | 1128.08% |
| 2008 | 99.5 | 744.72% |
| 2007 | 11.8 | -51.57% |
| 2006 | 24.3 | 124.94% |
| 2005 | 10.8 | -26.3% |
| 2004 | 14.7 | 4.68% |
| 2003 | 14.0 | -50.42% |
| 2002 | 28.3 |
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.