P/E ratio for Fast Retailing (9983.T)
P/E ratio as of April 2024 (TTM): 41.0
According to Fast Retailing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.0302. At the end of 2022 the company had a P/E ratio of 31.1.
P/E ratio history for Fast Retailing from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.1 | -10.07% |
| 2021 | 34.6 | -67.12% |
| 2020 | 105 | 153.51% |
| 2019 | 41.5 | 7.95% |
| 2018 | 38.4 | 7.43% |
| 2017 | 35.7 | -41.57% |
| 2016 | 61.2 | 25.57% |
| 2015 | 48.7 | 10.04% |
| 2014 | 44.3 | 8.25% |
| 2013 | 40.9 | 45.22% |
| 2012 | 28.2 | 24.08% |
| 2011 | 22.7 | -14.57% |
| 2010 | 26.6 | -6.67% |
| 2009 | 28.5 |
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.