Kokuyo
7984.T
#4312
Rank
$1.91 B
Marketcap
$16.93
Share price
-0.57%
Change (1 day)
18.90%
Change (1 year)

P/E ratio for Kokuyo (7984.T)

P/E ratio as of July 2024 (TTM): 13.8

According to Kokuyo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8385. At the end of 2022 the company had a P/E ratio of 11.7.

P/E ratio history for Kokuyo from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.7-20.38%
202114.7-26.31%
202019.957.74%
201912.6-5.31%
201813.3-19.18%
201716.526.39%
201613.1-46.93%
201524.616.79%
201421.110.98%
201319.0-36.95%
201230.1-355.43%
2011-11.8-111.57%
2010102-30.71%
2009147

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.