P/E ratio for COLOPL (3668.T)
P/E ratio as of April 2024 (TTM): 74.8
According to COLOPL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 74.7994. At the end of 2022 the company had a P/E ratio of 60.9.
P/E ratio history for COLOPL from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 60.9 | 79.13% |
| 2021 | 34.0 | 69.69% |
| 2020 | 20.0 | -43.86% |
| 2019 | 35.7 | -8.34% |
| 2018 | 38.9 | 85.38% |
| 2017 | 21.0 | 188.33% |
| 2016 | 7.28 | -46.73% |
| 2015 | 13.7 | -40.66% |
| 2014 | 23.0 | -64.28% |
| 2013 | 64.5 |
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.