P/E ratio for Kobe Steel (5406.T)
P/E ratio as of March 2025 (TTM): 12.3
According to Kobe Steel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.296. At the end of 2023 the company had a P/E ratio of 5.50.
P/E ratio history for Kobe Steel from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.50 | 48.63% |
| 2022 | 3.70 | -68.44% |
| 2021 | 11.7 | -721.2% |
| 2020 | -1.89 | -121.8% |
| 2019 | 8.66 | 41.69% |
| 2018 | 6.11 | -138.18% |
| 2017 | -16.0 | -6.88% |
| 2016 | -17.2 | -285.19% |
| 2015 | 9.28 | 54.38% |
| 2014 | 6.01 | -149.53% |
| 2013 | -12.1 | -57.06% |
| 2012 | -28.3 | -326.55% |
| 2011 | 12.5 | -87.02% |
| 2010 | 96.2 | -868.64% |
| 2009 | -12.5 | -227.79% |
| 2008 | 9.79 | -27.1% |
| 2007 | 13.4 | -17.17% |
| 2006 | 16.2 | 52.26% |
| 2005 | 10.6 | -49.86% |
| 2004 | 21.2 | -81.78% |
| 2003 | 117 | -2446.93% |
| 2002 | -4.97 | -116.79% |
| 2001 | 29.6 |
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.