Iida Group
3291.T
#2417
Rank
$4.11 B
Marketcap
$14.02
Share price
-0.74%
Change (1 day)
-49.11%
Change (1 year)

P/E ratio for Iida Group (3291.T)

P/E ratio as of September 2022 (TTM): 4.50

According to Iida Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.50142. At the end of 2021 the company had a P/E ratio of 9.49.

P/E ratio history for Iida Group from 2015 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20219.4914.5%
20208.29-7.35%
20198.958.52%
20188.2427.62%
20176.46-34.94%
20169.93-34.55%
201515.252.76%
20149.93

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.