According to Takasago Thermal Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 116.079. At the end of 2024 the company had a P/E ratio of 15.8.
Year | P/E ratio | Change |
---|---|---|
2024 | 15.8 | 40.89% |
2023 | 11.2 | 6.77% |
2022 | 10.5 | -12.89% |
2021 | 12.1 | 31.79% |
2020 | 9.17 | -13.12% |
2019 | 10.6 | -13.31% |
2018 | 12.2 | -10.12% |
2017 | 13.6 | -16.49% |
2016 | 16.2 | -24.64% |
2015 | 21.5 | 8.58% |
2014 | 19.8 | -21.26% |
2013 | 25.2 | 116.04% |
2012 | 11.7 | -37.29% |
2011 | 18.6 | 35.22% |
2010 | 13.8 | -23.12% |
2009 | 17.9 | -18.73% |
2008 | 22.0 | -17.38% |
2007 | 26.6 | -12.32% |
2006 | 30.4 | -78.27% |
2005 | 140 |
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.