P/E ratio for COLOPL (3668.T)
P/E ratio as of March 2023 (TTM): 14.7
According to COLOPL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.687. At the end of 2021 the company had a P/E ratio of 34.4.
P/E ratio history for COLOPL from 2015 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.4 | 135.47% |
| 2020 | 14.6 | -92.18% |
| 2019 | 187 | 753.34% |
| 2018 | 21.9 | 17.05% |
| 2017 | 18.7 | 95.59% |
| 2016 | 9.57 | -22.97% |
| 2015 | 12.4 | -63.74% |
| 2014 | 34.3 | -58.84% |
| 2013 | 83.3 |
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.