According to Toyo Construction's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.8374. At the end of 2023 the company had a P/E ratio of 15.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 15.3 | 16.07% |
2022 | 13.2 | 117.66% |
2021 | 6.05 | -13.91% |
2020 | 7.03 | -6.4% |
2019 | 7.51 | 14.97% |
2018 | 6.53 | -25.91% |
2017 | 8.82 | -15.67% |
2016 | 10.5 | -8.16% |
2015 | 11.4 | -23.83% |
2014 | 14.9 | -24.24% |
2013 | 19.7 | -44.86% |
2012 | 35.8 | 16.79% |
2011 | 30.6 | 44.4% |
2010 | 21.2 | -21.29% |
2009 | 27.0 | -79.37% |
2008 | 131 |
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.