P/E ratio for Fukuoka Financial Group (8354.T)
P/E ratio as of April 2024 (TTM): 23.3
According to Fukuoka Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3071. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for Fukuoka Financial Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | 99.56% |
| 2021 | 6.88 | -97.38% |
| 2020 | 263 | 10431.26% |
| 2019 | 2.50 | -67.64% |
| 2018 | 7.71 | -159.22% |
| 2017 | -13.0 | -207.27% |
| 2016 | 12.1 | -2.51% |
| 2015 | 12.5 | -8.44% |
| 2014 | 13.6 | 1.17% |
| 2013 | 13.4 | 113.64% |
| 2012 | 6.29 | -56.86% |
| 2011 | 14.6 | 6.42% |
| 2010 | 13.7 | 141.38% |
| 2009 | 5.68 |
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.