According to Sumitomo Osaka Cement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1813. At the end of 2024 the company had a P/E ratio of 8.51.
Year | P/E ratio | Change |
---|---|---|
2024 | 8.51 | -138.11% |
2023 | -22.3 | -275.97% |
2022 | 12.7 | 7.67% |
2021 | 11.8 | -0.94% |
2020 | 11.9 | -47.8% |
2019 | 22.8 | 74.45% |
2018 | 13.1 | 9.16% |
2017 | 12.0 | 6.55% |
2016 | 11.2 | -0.53% |
2015 | 11.3 | -16.83% |
2014 | 13.6 | -9.19% |
2013 | 15.0 | -45.64% |
2012 | 27.5 | -75.58% |
2011 | 113 | -241.01% |
2010 | -79.9 | -137.2% |
2009 | 215 | 1019.25% |
2008 | 19.2 | -22.2% |
2007 | 24.7 | -62.74% |
2006 | 66.2 | 212.36% |
2005 | 21.2 | -4.21% |
2004 | 22.1 | -233.15% |
2003 | -16.6 | -131.67% |
2002 | 52.5 | 22.02% |
2001 | 43.0 |
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.