P/E ratio for Daikin (6367.T)
P/E ratio as of October 2023 (TTM): 23.6
According to Daikin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5593. At the end of 2022 the company had a P/E ratio of 30.1.
P/E ratio history for Daikin from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.1 | -27.93% |
| 2021 | 41.8 | 86.77% |
| 2020 | 22.4 | 12.26% |
| 2019 | 19.9 | 9.91% |
| 2018 | 18.2 | -15.23% |
| 2017 | 21.4 | 18.66% |
| 2016 | 18.0 | -7.41% |
| 2015 | 19.5 | 3.7% |
| 2014 | 18.8 | -22.48% |
| 2013 | 24.2 | 52.12% |
| 2012 | 15.9 | -56.79% |
| 2011 | 36.9 | -35.6% |
| 2010 | 57.3 | 59.82% |
| 2009 | 35.8 | 112.31% |
| 2008 | 16.9 | -28.61% |
| 2007 | 23.6 | -10.84% |
| 2006 | 26.5 | 47.68% |
| 2005 | 18.0 | -26.29% |
| 2004 | 24.4 | 1.15% |
| 2003 | 24.1 | -27.68% |
| 2002 | 33.3 | 25.23% |
| 2001 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Honeywell HON | 22.2 | -5.66% | 🇺🇸 USA |
 Ingersoll Rand IR | 36.1 | 53.32% | 🇮🇪 Ireland |
 Aaon AAON | 29.9 | 26.99% | 🇺🇸 USA |
 Lennox LII | 23.4 | -0.75% | 🇺🇸 USA |
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.