According to Toho Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.51141. At the end of 2022 the company had a P/E ratio of 9.20.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.20 | -101.38% |
2021 | -666 | -1302.52% |
2020 | 55.4 | 214.01% |
2019 | 17.6 | -62.16% |
2018 | 46.6 | 133.68% |
2017 | 19.9 | -8.93% |
2016 | 21.9 | 110.5% |
2015 | 10.4 | -43.47% |
2014 | 18.4 | -66.98% |
2013 | 55.7 | 269.65% |
2012 | 15.1 | -84.5% |
2011 | 97.2 | 462.43% |
2010 | 17.3 | 38.64% |
2009 | 12.5 |
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.