According to Itoki Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.09343. At the end of 2023 the company had a P/E ratio of 10.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 10.3 | 106.05% |
2022 | 5.02 | -63.71% |
2021 | 13.8 | -121.44% |
2020 | -64.5 | 45.05% |
2019 | -44.5 | -382.24% |
2018 | 15.8 | -0.52% |
2017 | 15.8 | -13.98% |
2016 | 18.4 | 95.84% |
2015 | 9.40 | -35.03% |
2014 | 14.5 | 88.88% |
2013 | 7.66 | -1.79% |
2012 | 7.80 | -251.47% |
2011 | -5.15 | -108.66% |
2010 | 59.5 | -5400.66% |
2009 | -1.12 | -106.22% |
2008 | 18.0 |
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.