P/E ratio for Edia (3935.T)
P/E ratio as of April 2024 (TTM): 13.0
According to Edia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9691. At the end of 2022 the company had a P/E ratio of 23.7.
P/E ratio history for Edia from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.7 | 21.6% |
| 2021 | 19.5 | -195.95% |
| 2020 | -20.3 | 120.52% |
| 2019 | -9.21 | 509.1% |
| 2018 | -1.51 | -90.94% |
| 2017 | -16.7 | -119.09% |
| 2016 | 87.4 |
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.