Drecom
3793.T
#6254
Rank
$0.15 B
Marketcap
$5.61
Share price
-1.83%
Change (1 day)
22.49%
Change (1 year)

P/E ratio for Drecom (3793.T)

P/E ratio as of December 2022 (TTM): 13.3

According to Drecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3473. At the end of 2022 the company had a P/E ratio of 19.5.

P/E ratio history for Drecom from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202219.544.33%
202113.5-23.33%
202017.7-298.16%
2019-8.91-94.5%
2018-162-434.58%
201748.4-439.88%
2016-14.2-101.09%
2015> 1000-1921.43%
2014-72.0-192.19%
201378.1324.91%
201218.4-120.5%
2011-89.6-159.83%
2010150-4128.64%
2009-3.72-46.15%
2008-6.91

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.