P/E ratio for Daiichi Sankyล (4568.T)
P/E ratio as of March 2023 (TTM): 76.0
According to Daiichi Sankyล's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.9698. At the end of 2022 the company had a P/E ratio of 77.2.
P/E ratio history for Daiichi Sankyล from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 77.2 | -8.34% |
| 2021 | 84.3 | 119.05% |
| 2020 | 38.5 | 0.14% |
| 2019 | 38.4 | -0.51% |
| 2018 | 38.6 | 21.3% |
| 2017 | 31.8 | 50.38% |
| 2016 | 21.2 | 400.2% |
| 2015 | 4.23 | -78.61% |
| 2014 | 19.8 | 7.94% |
| 2013 | 18.3 | -82.07% |
| 2012 | 102 | 542.17% |
| 2011 | 15.9 | -45.88% |
| 2010 | 29.4 | -637.86% |
| 2009 | -5.47 | -124.93% |
| 2008 | 21.9 | -34.5% |
| 2007 | 33.5 | 51.07% |
| 2006 | 22.2 | -2.21% |
| 2005 | 22.7 | 10.94% |
| 2004 | 20.4 | -2.05% |
| 2003 | 20.9 | -26.95% |
| 2002 | 28.6 | -7.8% |
| 2001 | 31.0 |
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.