P/E ratio for Japan Tobacco (2914.T)
P/E ratio as of April 2023 (TTM): 9.55
According to Japan Tobacco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.5514. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for Japan Tobacco from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | 1.29% |
| 2020 | 12.0 | -3.17% |
| 2019 | 12.4 | 2.14% |
| 2018 | 12.2 | -26.67% |
| 2017 | 16.6 | 1.52% |
| 2016 | 16.3 | -1.22% |
| 2015 | 16.5 | -0.85% |
| 2014 | 16.7 | 3.32% |
| 2013 | 16.1 | 16.67% |
| 2012 | 13.8 | -32.25% |
| 2011 | 20.4 | -13.76% |
| 2010 | 23.7 | 15.99% |
| 2009 | 20.4 | 4.39% |
| 2008 | 19.5 | -25.73% |
| 2007 | 26.3 | 561.61% |
| 2006 | 3.98 | -89.45% |
| 2005 | 37.7 | -119.2% |
| 2004 | -196 | -1142.48% |
| 2003 | 18.8 | -55.67% |
| 2002 | 42.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 16.7 | 74.85% | 🇺🇸 USA |
 Altria Group MO | 17.3 | 80.85% | 🇺🇸 USA |
 Vector Group
VGR | 11.9 | 24.55% | 🇺🇸 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.