Keyence
6861.T
#145
Rank
$105.83 B
Marketcap
$436.40
Share price
1.80%
Change (1 day)
-11.67%
Change (1 year)

P/E ratio for Keyence (6861.T)

P/E ratio as of June 2024 (TTM): 39.0

According to Keyence's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.9875. At the end of 2022 the company had a P/E ratio of 35.3.

P/E ratio history for Keyence from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202235.3-42.9%
202161.9-19.65%
202077.068.45%
201945.754.34%
201829.6
201619.6-34.33%
201529.80.17%
201429.748.03%
201320.1-11.66%
201222.731.68%
201117.3-27.71%
201023.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.1-9.97%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.04-110.35%๐Ÿ‡บ๐Ÿ‡ธ 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.