According to Morinaga Milk Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.49318. At the end of 2024 the company had a P/E ratio of 4.48.
Year | P/E ratio | Change |
---|---|---|
2024 | 4.48 | -65.33% |
2023 | 12.9 | 67.86% |
2022 | 7.70 | -51.02% |
2021 | 15.7 | 41.74% |
2020 | 11.1 | -17.89% |
2019 | 13.5 | -0.55% |
2018 | 13.6 | -25.73% |
2017 | 18.3 | 28.65% |
2016 | 14.2 | -48.05% |
2015 | 27.3 | 61.91% |
2014 | 16.9 | 23.07% |
2013 | 13.7 | -22.35% |
2012 | 17.7 | 45.22% |
2011 | 12.2 | 6.54% |
2010 | 11.4 | -37.99% |
2009 | 18.4 | -52.73% |
2008 | 39.0 | 41.26% |
2007 | 27.6 | -2.34% |
2006 | 28.2 | 72.36% |
2005 | 16.4 |
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.