P/E ratio for Disco Corp. (6146.T)
P/E ratio as of April 2024 (TTM): 65.7
According to Disco Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 65.6665. At the end of 2022 the company had a P/E ratio of 52.5.
P/E ratio history for Disco Corp. from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 52.5 | -18.65% |
| 2021 | 64.5 | -41.73% |
| 2020 | 111 | 1.54% |
| 2019 | 109 | 154.75% |
| 2018 | 42.8 | -42.72% |
| 2017 | 74.7 | 8.62% |
| 2016 | 68.8 | 25.24% |
| 2015 | 54.9 | -3.46% |
| 2014 | 56.9 | -21.41% |
| 2013 | 72.4 | 34.32% |
| 2012 | 53.9 | 8.7% |
| 2011 | 49.6 | -7.47% |
| 2010 | 53.6 | -106.27% |
| 2009 | -854 |
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.