P/E ratio for Earth Corporation (4985.T)
P/E ratio as of April 2024 (TTM): 23.8
According to Earth Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8005. At the end of 2022 the company had a P/E ratio of 21.0.
P/E ratio history for Earth Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.0 | 11.14% |
| 2021 | 18.9 | -44.48% |
| 2020 | 34.1 | -63.02% |
| 2019 | 92.2 | -112.89% |
| 2018 | -715 | -1475.18% |
| 2017 | 52.0 | 82.43% |
| 2016 | 28.5 | -66.87% |
| 2015 | 86.1 | 81.04% |
| 2014 | 47.5 | 89.97% |
| 2013 | 25.0 | -26.41% |
| 2012 | 34.0 | 97.09% |
| 2011 | 17.3 | 6.43% |
| 2010 | 16.2 | -10.31% |
| 2009 | 18.1 |
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.