P/E ratio for Bridgestone (5108.T)
P/E ratio as of April 2024 (TTM): 10.6
According to Bridgestone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5734. 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 |
|---|---|---|
| 2022 | 10.8 | 22.67% |
| 2021 | 8.83 | -108.64% |
| 2020 | -102 | -938.06% |
| 2019 | 12.2 | 11.76% |
| 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 | -23.52% |
| 2011 | 13.3 | 6.66% |
| 2010 | 12.4 | -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.