P/E ratio for Fast Retailing (9983.T)
P/E ratio as of June 2023 (TTM): 32.7
According to Fast Retailing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.7269. At the end of 2021 the company had a P/E ratio of 42.7.
P/E ratio history for Fast Retailing from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 42.7 | -40.35% |
| 2020 | 71.6 | 83.29% |
| 2019 | 39.1 | 15.26% |
| 2018 | 33.9 | 27.68% |
| 2017 | 26.5 | -65.67% |
| 2016 | 77.3 | 75.77% |
| 2015 | 44.0 | -1.12% |
| 2014 | 44.5 | 23.71% |
| 2013 | 36.0 | 38.49% |
| 2012 | 26.0 | -3.3% |
| 2011 | 26.9 | 34.81% |
| 2010 | 19.9 | -7.25% |
| 2009 | 21.5 | -16.19% |
| 2008 | 25.6 | 19.84% |
| 2007 | 21.4 | -20.97% |
| 2006 | 27.1 | 7.95% |
| 2005 | 25.1 | -3.52% |
| 2004 | 26.0 | 11.27% |
| 2003 | 23.3 | 78.7% |
| 2002 | 13.1 | -6.54% |
| 2001 | 14.0 |
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.