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.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.77 | -23.03% |
2021 | 3.60 | -150.31% |
2020 | -7.16 | -128.25% |
2019 | 25.3 | 297.49% |
2018 | 6.38 | 33.69% |
2017 | 4.77 | -50.45% |
2016 | 9.62 | -436.36% |
2015 | -2.86 | -43.56% |
2014 | -5.07 | -201.33% |
2013 | 5.00 | -40.36% |
2012 | 8.39 | 74.07% |
2011 | 4.82 | -45.95% |
2010 | 8.92 | -156.71% |
2009 | -15.7 |
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.