Dentsu
4324.T
#2166
Rank
$6.81 B
Marketcap
$25.89
Share price
-0.54%
Change (1 day)
-19.33%
Change (1 year)

P/E ratio for Dentsu (4324.T)

P/E ratio as of May 2024 (TTM): 29.2

According to Dentsu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.1629. At the end of 2022 the company had a P/E ratio of 18.6.

P/E ratio history for Dentsu from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.677.02%
202110.5-295.44%
2020-5.38-59.01%
2019-13.1-185.65%
201815.319.59%
201712.8-31.84%
201618.824.44%
201515.1-5.96%
201416.0-48.59%
201331.296.98%
201215.8-29.05%
201122.3-27.69%
201030.9-129.68%
2009-104

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.