P/E ratio for Daito Trust Construction (1878.T)
P/E ratio as of March 2023 (TTM): 10.5
According to Daito Trust Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5427. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for Daito Trust Construction from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | -9.66% |
| 2021 | 14.1 | 74.19% |
| 2020 | 8.08 | -36.98% |
| 2019 | 12.8 | -18.74% |
| 2018 | 15.8 | 10.57% |
| 2017 | 14.3 | -23.91% |
| 2016 | 18.8 | -0.1% |
| 2015 | 18.8 | 38.53% |
| 2014 | 13.6 | 14.02% |
| 2013 | 11.9 | -4.88% |
| 2012 | 12.5 | -13.63% |
| 2011 | 14.5 | 21.94% |
| 2010 | 11.9 | 22.97% |
| 2009 | 9.65 | -31.45% |
| 2008 | 14.1 | -12.35% |
| 2007 | 16.1 | -21.72% |
| 2006 | 20.5 | 15.49% |
| 2005 | 17.8 |
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.