P/E ratio for Kadokawa (9468.T)
P/E ratio as of April 2024 (TTM): 39.9
According to Kadokawa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.9354. At the end of 2022 the company had a P/E ratio of 20.0.
P/E ratio history for Kadokawa from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.0 | -48.21% |
| 2021 | 38.6 | 54.58% |
| 2020 | 25.0 | 14.78% |
| 2019 | 21.8 | -182.38% |
| 2018 | -26.4 | -153.26% |
| 2017 | 49.6 | 207.96% |
| 2016 | 16.1 | -186.11% |
| 2015 | -18.7 |
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.