According to IHI Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.6194. At the end of 2022 the company had a P/E ratio of 8.86.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.86 | 30.26% |
2021 | 6.80 | -100.89% |
2020 | -767 | -862.2% |
2019 | 101 | 601.95% |
2018 | 14.3 | -39.96% |
2017 | 23.9 | 35.5% |
2016 | 17.6 | -276.39% |
2015 | -9.99 | -129.99% |
2014 | 33.3 | 134.11% |
2013 | 14.2 | 9.56% |
2012 | 13.0 | 30.59% |
2011 | 9.94 | 35.96% |
2010 | 7.31 | -41.69% |
2009 | 12.5 |
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.