P/E ratio for Hamamatsu (6965.T)
P/E ratio as of April 2024 (TTM): 18.3
According to Hamamatsu 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.257. At the end of 2022 the company had a P/E ratio of 22.2.
P/E ratio history for Hamamatsu from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.2 | -41.87% |
| 2021 | 38.2 | -30.9% |
| 2020 | 55.3 | 51.09% |
| 2019 | 36.6 | 37.18% |
| 2018 | 26.7 | -15.77% |
| 2017 | 31.7 | -7.21% |
| 2016 | 34.2 | 0.4% |
| 2015 | 34.0 | 21.99% |
| 2014 | 27.9 | -0.71% |
| 2013 | 28.1 | 21.44% |
| 2012 | 23.1 | 45.9% |
| 2011 | 15.9 | -11.9% |
| 2010 | 18.0 | -83.54% |
| 2009 | 109 |
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.