P/E ratio for Kirin Holdings (2503.T)
P/E ratio as of June 2023 (TTM): 10.5
According to Kirin Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5401. At the end of 2021 the company had a P/E ratio of 25.7.
P/E ratio history for Kirin Holdings from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 25.7 | -9.48% |
| 2020 | 28.4 | -19.07% |
| 2019 | 35.1 | 180.7% |
| 2018 | 12.5 | 16.92% |
| 2017 | 10.7 | -27.07% |
| 2016 | 14.7 | -146.23% |
| 2015 | -31.8 | -174.83% |
| 2014 | 42.4 | 154.61% |
| 2013 | 16.7 | -3.73% |
| 2012 | 17.3 | -85.75% |
| 2011 | 122 | 27.53% |
| 2010 | 95.3 | 229.7% |
| 2009 | 28.9 | 106.52% |
| 2008 | 14.0 | -51.24% |
| 2007 | 28.7 | -14.1% |
| 2006 | 33.4 | 29.48% |
| 2005 | 25.8 | 29.57% |
| 2004 | 19.9 | -27.54% |
| 2003 | 27.5 | 16.79% |
| 2002 | 23.5 |
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.