P/E ratio for gumi (3903.T)
P/E ratio as of April 2024 (TTM): 24.2
According to gumi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1814. At the end of 2022 the company had a P/E ratio of -15.2.
P/E ratio history for gumi from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -15.2 | 165.2% |
| 2021 | -5.71 | -164.66% |
| 2020 | 8.84 | -148.1% |
| 2019 | -18.4 | -94.05% |
| 2018 | -309 | -1098.12% |
| 2017 | 30.9 | -224.67% |
| 2016 | -24.8 | 117.99% |
| 2015 | -11.4 |
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.