Okamoto Industries
5122.T
#6385
Rank
C$0.88 B
Marketcap
$50.86
Share price
-2.48%
Change (1 day)
8.90%
Change (1 year)

P/E ratio for Okamoto Industries (5122.T)

P/E ratio as of December 2024 (TTM): 10.3

According to Okamoto Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2641. At the end of 2023 the company had a P/E ratio of 14.6.

P/E ratio history for Okamoto Industries from 2009 to 2023

2010201320162019202210152025companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202314.610.47%
202213.3-6.47%
202114.2-35.89%
202022.131.08%
201916.97.96%
201815.612.13%
201713.9-26.59%
201619.019.19%
201515.915.37%
201413.83.79%
201313.3-39.7%
201222.1-3.31%
201122.842.68%
201016.0-47.16%
200930.3-6.46%
200832.458.42%
200720.4-15.27%
200624.186.89%
200512.9

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.