P/E ratio for Meiko Electronics (6787.T)
P/E ratio as of March 2025 (TTM): 23.7
According to Meiko Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7134. At the end of 2022 the company had a P/E ratio of 5.84.
P/E ratio history for Meiko Electronics from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.84 | -45.41% |
| 2021 | 10.7 | -102.58% |
| 2020 | -416 | -2694.95% |
| 2019 | 16.0 | 156.46% |
| 2018 | 6.24 | -51.07% |
| 2017 | 12.8 | -152.69% |
| 2016 | -24.2 | 6025.53% |
| 2015 | -0.3954 | -96.64% |
| 2014 | -11.7 | -224.57% |
| 2013 | 9.43 | -154.01% |
| 2012 | -17.5 | 513.58% |
| 2011 | -2.85 | -109.95% |
| 2010 | 28.6 | -110.59% |
| 2009 | -270 |
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.