P/E ratio for Fun Yours Technology (6482.TWO)
P/E ratio as of April 2024 (TTM): 17.2
According to Fun Yours Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1735. At the end of 2022 the company had a P/E ratio of 15.2.
P/E ratio history for Fun Yours Technology from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.2 | -61.08% |
| 2021 | 39.0 | -576.39% |
| 2020 | -8.19 | -69.05% |
| 2019 | -26.5 | 40.02% |
| 2018 | -18.9 | -100.59% |
| 2017 | > 1000 | 6063.76% |
| 2016 | 51.5 | 112.78% |
| 2015 | 24.2 |
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.