P/E ratio for Citizen Watch (7762.T)
P/E ratio as of April 2024 (TTM): 12.0
According to Citizen Watch's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0044. At the end of 2022 the company had a P/E ratio of 7.09.
P/E ratio history for Citizen Watch from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.09 | -36.47% |
| 2021 | 11.2 | -652.48% |
| 2020 | -2.02 | -106.47% |
| 2019 | 31.2 | 220.77% |
| 2018 | 9.73 | -23.09% |
| 2017 | 12.6 | -61.69% |
| 2016 | 33.0 | 114.51% |
| 2015 | 15.4 | 11.09% |
| 2014 | 13.9 | -118.02% |
| 2013 | -76.9 | -575.07% |
| 2012 | 16.2 | -49.59% |
| 2011 | 32.1 | 26.21% |
| 2010 | 25.4 | -340.56% |
| 2009 | -10.6 |
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.