P/E ratio for Dentsu (4324.T)
P/E ratio as of April 2024 (TTM): 30.0
According to Dentsu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9843. 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 |
|---|---|---|
| 2022 | 18.6 | 77.02% |
| 2021 | 10.5 | -295.44% |
| 2020 | -5.38 | -59.01% |
| 2019 | -13.1 | -185.65% |
| 2018 | 15.3 | 19.59% |
| 2017 | 12.8 | -31.84% |
| 2016 | 18.8 | 24.44% |
| 2015 | 15.1 | -5.96% |
| 2014 | 16.0 | -48.59% |
| 2013 | 31.2 | 96.98% |
| 2012 | 15.8 | -29.05% |
| 2011 | 22.3 | -27.69% |
| 2010 | 30.9 | -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.