Bridgestone
5108.T
#671
Rank
$25.82 B
Marketcap
$37.66
Share price
-0.35%
Change (1 day)
-6.92%
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 December 2022 (TTM): 13.0

According to Bridgestone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.0209. 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
20218.84-108.65%
2020-102-1117.51%
201910.1-7.95%
201810.9-21.69%
201713.912.18%
201612.48.09%
201511.55.11%
201410.9-29.06%
201315.452.03%
201210.1-23.53%
201113.36.68%
201012.4-98.98%
2009> 10001128.08%
200899.5744.72%
200711.8-51.57%
200624.3124.94%
200510.8-26.3%
200414.74.68%
200314.0-50.42%
200228.3

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.