Daikin
6367.T
#335
Rank
$48.18 B
Marketcap
$164.63
Share price
-2.00%
Change (1 day)
-22.88%
Change (1 year)

P/E ratio for Daikin (6367.T)

P/E ratio as of December 2022 (TTM): 23.2

According to Daikin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2075. 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
202230.1-27.93%
202141.886.77%
202022.412.26%
201919.99.91%
201818.2-15.23%
201721.418.66%
201618.0-7.41%
201519.53.7%
201418.8-22.48%
201324.252.12%
201215.9-56.79%
201136.9-35.6%
201057.359.82%
200935.8112.31%
200816.9-28.61%
200723.6-10.84%
200626.547.68%
200518.0-26.29%
200424.41.15%
200324.1-27.68%
200233.325.23%
200126.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.6 18.72%๐Ÿ‡บ๐Ÿ‡ธ USA
32.5 40.08%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
61.4 164.63%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-14.66%๐Ÿ‡บ๐Ÿ‡ธ 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.