P/E ratio for Koei Tecmo (3635.T)
P/E ratio as of April 2024 (TTM): 11.8
According to Koei Tecmo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7921. At the end of 2022 the company had a P/E ratio of 36.8.
P/E ratio history for Koei Tecmo from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.8 | 74.58% |
| 2021 | 21.1 | -26.77% |
| 2020 | 28.8 | 19.23% |
| 2019 | 24.2 | 38.6% |
| 2018 | 17.4 | 0.87% |
| 2017 | 17.3 | -20.04% |
| 2016 | 21.6 | 11.1% |
| 2015 | 19.4 | 6.54% |
| 2014 | 18.3 | 36.38% |
| 2013 | 13.4 | 40.22% |
| 2012 | 9.55 | -39.2% |
| 2011 | 15.7 | -1.51% |
| 2010 | 15.9 | -842.16% |
| 2009 | -2.15 |
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.