According to Daiseki's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6865. At the end of 2022 the company had a P/E ratio of 26.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.4 | -18.98% |
2021 | 32.5 | 59.13% |
2020 | 20.4 | 5.86% |
2019 | 19.3 | 22.32% |
2018 | 15.8 | -37.14% |
2017 | 25.1 | -5.51% |
2016 | 26.6 | 17.47% |
2015 | 22.6 | -2.43% |
2014 | 23.2 | -6.14% |
2013 | 24.7 | 31.23% |
2012 | 18.8 | 3.89% |
2011 | 18.1 | -24.76% |
2010 | 24.1 |
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.