P/E ratio for Kintetsu GHD (9041.T)
P/E ratio as of April 2024 (TTM): 8.25
According to Kintetsu GHD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.25197. At the end of 2022 the company had a P/E ratio of 10.2.
P/E ratio history for Kintetsu GHD from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.2 | -56.6% |
| 2021 | 23.5 | -226.44% |
| 2020 | -18.6 | -155.2% |
| 2019 | 33.6 | 28.79% |
| 2018 | 26.1 | -2.94% |
| 2017 | 26.9 | -35.84% |
| 2016 | 42.0 | 61.26% |
| 2015 | 26.0 | -11.01% |
| 2014 | 29.2 | 21.93% |
| 2013 | 24.0 | -18.59% |
| 2012 | 29.5 | -59.98% |
| 2011 | 73.6 | 115.28% |
| 2010 | 34.2 | -77.69% |
| 2009 | 153 |
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.