P/E ratio for Drecom (3793.T)
P/E ratio as of April 2025 (TTM): 65.0
According to Drecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.9753. At the end of 2022 the company had a P/E ratio of 20.4.
P/E ratio history for Drecom from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.4 | 84.1% |
| 2021 | 11.1 | -19.39% |
| 2020 | 13.7 | -97.38% |
| 2019 | 525 | -8380.81% |
| 2018 | -6.34 | -109.14% |
| 2017 | 69.3 | 97.16% |
| 2016 | 35.2 | -467.98% |
| 2015 | -9.56 | -94.5% |
| 2014 | -174 | 29.62% |
| 2013 | -134 | 50.79% |
| 2012 | -88.9 | -654.69% |
| 2011 | 16.0 | -95.91% |
| 2010 | 392 | -653.96% |
| 2009 | -70.8 |
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.