P/E ratio for Denso (6902.T)
P/E ratio as of April 2025 (TTM): 6.59
According to Denso's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.59154. At the end of 2022 the company had a P/E ratio of 10.4.
P/E ratio history for Denso from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.4 | -26.69% |
| 2021 | 14.1 | -168.14% |
| 2020 | -20.8 | -308% |
| 2019 | 9.98 | 22.67% |
| 2018 | 8.13 | -20.48% |
| 2017 | 10.2 | 2.8% |
| 2016 | 9.95 | 1.67% |
| 2015 | 9.79 | -14.37% |
| 2014 | 11.4 | 119.24% |
| 2013 | 5.21 | 28.19% |
| 2012 | 4.07 | -43.27% |
| 2011 | 7.17 | -29.66% |
| 2010 | 10.2 | -297.1% |
| 2009 | -5.17 |
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.