P/E ratio for Ebara Corporation (6361.T)
P/E ratio as of April 2024 (TTM): 19.4
According to Ebara Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4275. At the end of 2022 the company had a P/E ratio of 8.60.
P/E ratio history for Ebara Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.60 | -37.62% |
| 2021 | 13.8 | 4.08% |
| 2020 | 13.2 | -3.65% |
| 2019 | 13.8 | 0.14% |
| 2018 | 13.7 | |
| 2016 | 20.7 | 98.55% |
| 2015 | 10.4 | -7.78% |
| 2014 | 11.3 | -38.27% |
| 2013 | 18.3 | -18.96% |
| 2012 | 22.6 | 243.93% |
| 2011 | 6.57 | -23.51% |
| 2010 | 8.59 | -127.13% |
| 2009 | -31.7 |
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.