According to ARIAKE JAPAN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1275. At the end of 2023 the company had a P/E ratio of 24.0.
Year | P/E ratio | Change |
---|---|---|
2023 | 24.0 | 10.31% |
2022 | 21.7 | -28.2% |
2021 | 30.3 | 14.26% |
2020 | 26.5 | 130.54% |
2019 | 11.5 | -65.68% |
2018 | 33.5 | 15.79% |
2017 | 28.9 | -19.6% |
2016 | 36.0 | 27.57% |
2015 | 28.2 | 55.32% |
2014 | 18.1 | 15.75% |
2013 | 15.7 | -20.13% |
2012 | 19.6 | -23.15% |
2011 | 25.5 | -24.6% |
2010 | 33.9 | -37.21% |
2009 | 54.0 | 120.59% |
2008 | 24.5 | -3.68% |
2007 | 25.4 | -24.1% |
2006 | 33.5 | 20.97% |
2005 | 27.7 |
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.