P/E ratio for Koito Manufacturing (7276.T)
P/E ratio as of May 2024 (TTM): 14.0
According to Koito Manufacturing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9806. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Koito Manufacturing from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | -13.34% |
| 2021 | 22.7 | -27.15% |
| 2020 | 31.1 | 148.38% |
| 2019 | 12.5 | 19.14% |
| 2018 | 10.5 | -46.95% |
| 2017 | 19.8 | 12.51% |
| 2016 | 17.6 | -13.5% |
| 2015 | 20.4 | 25.4% |
| 2014 | 16.2 | -23.16% |
| 2013 | 21.1 | 90.77% |
| 2012 | 11.1 | -29.3% |
| 2011 | 15.7 | 30% |
| 2010 | 12.0 | -117.83% |
| 2009 | -67.5 |
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.