P/E ratio for Kokuyo (7984.T)
P/E ratio as of May 2024 (TTM): 14.5
According to Kokuyo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4612. 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 |
|---|---|---|
| 2022 | 11.7 | -20.38% |
| 2021 | 14.7 | -26.31% |
| 2020 | 19.9 | 57.74% |
| 2019 | 12.6 | -5.31% |
| 2018 | 13.3 | -19.18% |
| 2017 | 16.5 | 26.39% |
| 2016 | 13.1 | -46.93% |
| 2015 | 24.6 | 16.79% |
| 2014 | 21.1 | 10.98% |
| 2013 | 19.0 | -36.95% |
| 2012 | 30.1 | -355.43% |
| 2011 | -11.8 | -111.57% |
| 2010 | 102 | -30.71% |
| 2009 | 147 |
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.