Daito Trust Construction
1878.T
#1787
Rank
$7.45 B
Marketcap
$109.31
Share price
-2.42%
Change (1 day)
1.22%
Change (1 year)

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

P/E ratio as of December 2022 (TTM): 12.0

According to Daito Trust Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0253. 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
202212.7-9.66%
202114.174.19%
20208.08-36.98%
201912.8-18.74%
201815.810.57%
201714.3-23.91%
201618.8-0.1%
201518.838.53%
201413.614.02%
201311.9-4.88%
201212.5-13.63%
201114.521.94%
201011.922.97%
20099.65-31.45%
200814.1-12.35%
200716.1-21.72%
200620.515.49%
200517.8

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.