Gree
3632.T

P/E ratio for Gree (3632.T)

P/E ratio as of December 2022 (TTM): 23.1

According to Gree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1452. At the end of 2021 the company had a P/E ratio of 9.59.

P/E ratio history for Gree from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.59-75.9%
202039.815.52%
201934.416.2%
201829.648.49%
201720.024.46%
201616.0-196.59%
2015-16.6-240.19%
201411.836.51%
20138.6713.44%
20127.65-64.57%
201121.6-22.79%
201028.0-14%
200932.5

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.