P/E ratio for Isetan Mitsukoshi Holdings (3099.T)
P/E ratio as of April 2024 (TTM): 21.8
According to Isetan Mitsukoshi Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8303. At the end of 2022 the company had a P/E ratio of 17.5.
P/E ratio history for Isetan Mitsukoshi Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.5 | -132.4% |
| 2021 | -53.9 | 1089.58% |
| 2020 | -4.53 | -111.71% |
| 2019 | 38.7 | -87.19% |
| 2018 | 302 | 121.81% |
| 2017 | 136 | 544.05% |
| 2016 | 21.2 | 21.18% |
| 2015 | 17.5 | -38.91% |
| 2014 | 28.6 | 39.27% |
| 2013 | 20.5 | 26.92% |
| 2012 | 16.2 | 133.84% |
| 2011 | 6.92 | -162.32% |
| 2010 | -11.1 | -28.21% |
| 2009 | -15.5 |
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.