According to Mitsubishi Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.28768. At the end of 2024 the company had a P/E ratio of 12.4.
Year | P/E ratio | Change |
---|---|---|
2024 | 12.4 | -9.94% |
2023 | 13.8 | 117.48% |
2022 | 6.33 | -54.94% |
2021 | 14.1 | -454.27% |
2020 | -3.97 | -101.32% |
2019 | 301 | 2380.57% |
2018 | 12.1 | -21.85% |
2017 | 15.5 | 125.31% |
2016 | 6.88 | -26.3% |
2015 | 9.33 | 27.32% |
2014 | 7.33 | -22.01% |
2013 | 9.40 | -73.84% |
2012 | 35.9 | 38.17% |
2011 | 26.0 | -598.69% |
2010 | -5.22 | -109.19% |
2009 | 56.8 | 675.2% |
2008 | 7.32 | -21.02% |
2007 | 9.27 | -24.29% |
2006 | 12.2 | -28.91% |
2005 | 17.2 | -133.33% |
2004 | -51.7 | 1002.53% |
2003 | -4.69 | 22.51% |
2002 | -3.83 | -108.62% |
2001 | 44.4 |
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.