P/E ratio for Kadokawa (9468.T)
P/E ratio as of October 2023 (TTM): 44.8
According to Kadokawa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.7942. At the end of 2022 the company had a P/E ratio of 30.7.
P/E ratio history for Kadokawa from 2017 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.7 | -45.07% |
| 2021 | 55.9 | 430.43% |
| 2020 | 10.5 | -156.23% |
| 2019 | -18.8 | -126.26% |
| 2018 | 71.4 | 280.93% |
| 2017 | 18.7 | 7.78% |
| 2016 | 17.4 |
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.