Idemitsu Kosan
5019.T
#1699
Rank
$9.45 B
Marketcap
$6.83
Share price
0.93%
Change (1 day)
-69.22%
Change (1 year)

P/E ratio for Idemitsu Kosan (5019.T)

P/E ratio as of March 2024 (TTM): 2.50

According to Idemitsu Kosan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.50189. At the end of 2022 the company had a P/E ratio of 2.77.

P/E ratio history for Idemitsu Kosan from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.77-23.03%
20213.60-150.31%
2020-7.16-128.25%
201925.3297.49%
20186.3833.69%
20174.77-50.45%
20169.62-436.36%
2015-2.86-43.56%
2014-5.07-201.33%
20135.00-40.36%
20128.3974.07%
20114.82-45.95%
20108.92-156.71%
2009-15.7

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.