P/E ratio for THK Co. (6481.T)
P/E ratio as of April 2025 (TTM): 27.3
According to THK Co.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3065. At the end of 2023 the company had a P/E ratio of 18.4.
P/E ratio history for THK Co. from 2009 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 18.4 | 26.47% |
| 2022 | 14.6 | -4.42% |
| 2021 | 15.2 | -136.13% |
| 2020 | -42.2 | -231.27% |
| 2019 | 32.1 | 344.47% |
| 2018 | 7.23 | -66.4% |
| 2017 | 21.5 | 11.15% |
| 2016 | 19.4 | 13.28% |
| 2015 | 17.1 | -10.78% |
| 2014 | 19.2 | -16.62% |
| 2013 | 23.0 | 34.19% |
| 2012 | 17.1 | -11.17% |
| 2011 | 19.3 | -203.98% |
| 2010 | -18.5 | -113.15% |
| 2009 | 141 | 1035.24% |
| 2008 | 12.4 | -29.16% |
| 2007 | 17.5 | -27.76% |
| 2006 | 24.3 | 66.25% |
| 2005 | 14.6 |
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.