Daito Trust Construction
1878.T
#2131
Rank
$6.88 B
Marketcap
$105.86
Share price
1.12%
Change (1 day)
5.61%
Change (1 year)

P/E ratio for Daito Trust Construction (1878.T)

P/E ratio as of June 2024 (TTM): 14.0

According to Daito Trust Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0487. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for Daito Trust Construction from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.519.93%
202112.962.57%
20207.94-34.47%
201912.1-8.5%
201813.2-33.8%
201720.020.82%
201616.6-0.42%
201516.6-9.47%
201418.449.62%
201312.3-5.44%
201213.05.17%
201112.3-4.79%
201013.038.36%
20099.38

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.