P/E ratio for Keyence (6861.T)
P/E ratio as of January 2023 (TTM): 57.4
According to Keyence's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.4409. At the end of 2022 the company had a P/E ratio of 45.8.
P/E ratio history for Keyence from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 45.8 | -28.27% |
| 2021 | 63.8 | 47.23% |
| 2020 | 43.3 | 17.62% |
| 2019 | 36.8 | -3.11% |
| 2018 | 38.0 | |
| 2015 | 33.1 | 7.76% |
| 2014 | 30.7 | |
| 2012 | 18.5 | -13.03% |
| 2011 | 21.2 | -35.33% |
| 2010 | 32.8 | 49.18% |
| 2009 | 22.0 | 18.45% |
| 2008 | 18.6 | -18.39% |
| 2007 | 22.8 | -17.72% |
| 2006 | 27.7 | 15.77% |
| 2005 | 23.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 QUALCOMM QCOM | 11.5 | -79.95% | 🇺🇸 USA |
 Socket Mobile SCKT | 34.2 | -40.51% | 🇺🇸 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.