According to Daiwa House 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3443. At the end of 2022 the company had a P/E ratio of 9.45.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.45 | -15.94% |
2021 | 11.2 | 45.55% |
2020 | 7.73 | -23.32% |
2019 | 10.1 | -12.54% |
2018 | 11.5 | 10.19% |
2017 | 10.5 | -49.76% |
2016 | 20.8 | 53.71% |
2015 | 13.5 | 24.77% |
2014 | 10.9 | -28.78% |
2013 | 15.2 | -20.11% |
2012 | 19.1 | -12.97% |
2011 | 21.9 | -30.93% |
2010 | 31.7 | -71.19% |
2009 | 110 | 155.02% |
2008 | 43.2 | 81.31% |
2007 | 23.8 | -0.69% |
2006 | 24.0 | 43.45% |
2005 | 16.7 | -12.06% |
2004 | 19.0 | -559.7% |
2003 | -4.14 | -104.93% |
2002 | 84.0 | -98.75% |
2001 | > 1000 |
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.