P/E ratio for Digital Garage (4819.T)
P/E ratio as of April 2024 (TTM): -8.97
According to Digital Garage's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.97493. At the end of 2022 the company had a P/E ratio of -583.
P/E ratio history for Digital Garage from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -583 | -6889.92% |
| 2021 | 8.58 | -72.9% |
| 2020 | 31.7 | 44.54% |
| 2019 | 21.9 | 87.71% |
| 2018 | 11.7 | -61.26% |
| 2017 | 30.1 | 123.79% |
| 2016 | 13.5 | -55.55% |
| 2015 | 30.3 | 72.28% |
| 2014 | 17.6 | -55.69% |
| 2013 | 39.7 | 162.33% |
| 2012 | 15.1 | -53.05% |
| 2011 | 32.2 | -256.17% |
| 2010 | -20.6 | -520.67% |
| 2009 | 4.91 |
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.