P/E ratio for Eiken Chemical (4549.T)
P/E ratio as of May 2024 (TTM): 15.8
According to Eiken Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7781. At the end of 2022 the company had a P/E ratio of 9.65.
P/E ratio history for Eiken Chemical from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.65 | -21.54% |
| 2021 | 12.3 | -27.19% |
| 2020 | 16.9 | -19.7% |
| 2019 | 21.0 | -21.52% |
| 2018 | 26.8 | -19.2% |
| 2017 | 33.2 | 78.33% |
| 2016 | 18.6 | 8.47% |
| 2015 | 17.2 | -9.42% |
| 2014 | 18.9 | 34.83% |
| 2013 | 14.0 | 9.69% |
| 2012 | 12.8 | 23.8% |
| 2011 | 10.3 | -7.84% |
| 2010 | 11.2 | -15.67% |
| 2009 | 13.3 |
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.