Takara Bio
4974.T
#5814
Rank
โ‚ฌ0.80 B
Marketcap
6,67ย โ‚ฌ
Share price
0.37%
Change (1 day)
-9.16%
Change (1 year)
Categories

P/E ratio for Takara Bio (4974.T)

P/E ratio as of November 2024 (TTM): 9.48

According to Takara Bio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.47575. At the end of 2023 the company had a P/E ratio of 13.0.

P/E ratio history for Takara Bio from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202313.0-6.37%
202213.9-63.34%
202137.8-46.9%
202071.2-17.61%
201986.4-17.55%
2018105-23.71%
20171371.54%
2016135-20.32%
201517051.7%
20141128.89%
201310394%
201253.0-48.27%
20111023.04%
201099.425.69%
200979.1-23.36%
2008103-72.09%
2007370-546.78%
2006-82.8-0.81%
2005-83.4

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.