P/E ratio for Itōchū Shōji (8001.T)
P/E ratio as of June 2023 (TTM): 8.34
According to Itōchū Shōji's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.34395. At the end of 2022 the company had a P/E ratio of 7.52.
P/E ratio history for Itōchū Shōji from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.52 | -43.28% |
| 2021 | 13.3 | 92.33% |
| 2020 | 6.89 | 9.84% |
| 2019 | 6.27 | -21.68% |
| 2018 | 8.01 | 11.96% |
| 2017 | 7.16 | -21.85% |
| 2016 | 9.16 | 32.9% |
| 2015 | 6.89 | -11.41% |
| 2014 | 7.78 | 25.72% |
| 2013 | 6.19 | 30.24% |
| 2012 | 4.75 | -45.04% |
| 2011 | 8.64 | -13.71% |
| 2010 | 10.0 | 115.16% |
| 2009 | 4.65 | -34.8% |
| 2008 | 7.14 | -31.58% |
| 2007 | 10.4 | -4.76% |
| 2006 | 11.0 | 1.61% |
| 2005 | 10.8 | -147.65% |
| 2004 | -22.6 | -1150.96% |
| 2003 | 2.15 | 8.92% |
| 2002 | 1.98 | 119.85% |
| 2001 | 0.8990 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ryerson RYI | 5.14 | -38.41% | 🇺🇸 USA |
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.