P/E ratio for Itochu Techno-Solutions (4739.T)
P/E ratio as of June 2023 (TTM): 26.8
According to Itochu Techno-Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.7601. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Itochu Techno-Solutions from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -21.64% |
| 2021 | 26.7 | 4.29% |
| 2020 | 25.6 | 4.62% |
| 2019 | 24.4 | 12.02% |
| 2018 | 21.8 | 26.01% |
| 2017 | 17.3 | 24.74% |
| 2016 | 13.9 | -15.67% |
| 2015 | 16.5 | -10.89% |
| 2014 | 18.5 | 10.27% |
| 2013 | 16.8 | -1.81% |
| 2012 | 17.1 | 17.16% |
| 2011 | 14.6 | -7.35% |
| 2010 | 15.7 | 60.21% |
| 2009 | 9.81 | -23.88% |
| 2008 | 12.9 | -48.45% |
| 2007 | 25.0 | 7.35% |
| 2006 | 23.3 | 26.81% |
| 2005 | 18.4 |
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.