P/E ratio for HORIBA (6856.T)
P/E ratio as of April 2025 (TTM): 11.9
According to HORIBA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9212. At the end of 2023 the company had a P/E ratio of 11.6.
P/E ratio history for HORIBA from 2010 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 11.6 | 62.9% |
| 2022 | 7.10 | -46.96% |
| 2021 | 13.4 | -30.85% |
| 2020 | 19.4 | -3.07% |
| 2019 | 20.0 | 135.36% |
| 2018 | 8.48 | -51.73% |
| 2017 | 17.6 | -0.02% |
| 2016 | 17.6 | 18.03% |
| 2015 | 14.9 | -7.16% |
| 2014 | 16.0 | -4.93% |
| 2013 | 16.9 | 18.55% |
| 2012 | 14.2 | 25.7% |
| 2011 | 11.3 | -7.83% |
| 2010 | 12.3 | -59.17% |
| 2009 | 30.1 | 242.58% |
| 2008 | 8.78 | -56.08% |
| 2007 | 20.0 | -29.9% |
| 2006 | 28.5 | 29.45% |
| 2005 | 22.0 |
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.