According to ASICS Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.398. At the end of 2022 the company had a P/E ratio of 6.71.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.71 | -45.94% |
2021 | 12.4 | -321% |
2020 | -5.61 | -146.88% |
2019 | 12.0 | -466.82% |
2018 | -3.26 | -149.68% |
2017 | 6.57 | -7.68% |
2016 | 7.12 | -39.16% |
2015 | 11.7 | 99.46% |
2014 | 5.87 | 11.88% |
2013 | 5.24 | 38.29% |
2012 | 3.79 | -0.08% |
2011 | 3.79 | -10.6% |
2010 | 4.24 | -3.25% |
2009 | 4.39 |
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.