ASICS Corporation
7936.T
#1275
Rank
โ‚ฌ12.93 B
Marketcap
17,93ย โ‚ฌ
Share price
3.95%
Change (1 day)
99.36%
Change (1 year)

P/E ratio for ASICS Corporation (7936.T)

P/E ratio as of September 2024 (TTM): 15.7

According to ASICS Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7453. At the end of 2022 the company had a P/E ratio of 6.71.

P/E ratio history for ASICS Corporation from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.71-45.94%
202112.4-321%
2020-5.61-146.88%
201912.0-466.82%
2018-3.26-149.68%
20176.57-7.68%
20167.12-39.16%
201511.799.46%
20145.8711.88%
20135.2438.29%
20123.79-0.08%
20113.79-10.6%
20104.24-3.25%
20094.39

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.