P/E ratio for Kyocera (6971.T)
P/E ratio as of May 2023 (TTM): 16.7
According to Kyocera 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7102. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Kyocera from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | -41.59% |
| 2021 | 29.0 | 34.67% |
| 2020 | 21.5 | -7.8% |
| 2019 | 23.3 | -13.59% |
| 2018 | 27.0 | 22.16% |
| 2017 | 22.1 | 33.66% |
| 2016 | 16.5 | -21.43% |
| 2015 | 21.0 | 10.07% |
| 2014 | 19.1 | -21.1% |
| 2013 | 24.2 | 38.28% |
| 2012 | 17.5 | 39.85% |
| 2011 | 12.5 | -70.08% |
| 2010 | 41.9 | 1.34% |
| 2009 | 41.3 | 179.93% |
| 2008 | 14.8 | -24.94% |
| 2007 | 19.7 | -30.21% |
| 2006 | 28.2 | -9.79% |
| 2005 | 31.2 | 29.06% |
| 2004 | 24.2 | -9.51% |
| 2003 | 26.8 | -49.22% |
| 2002 | 52.7 | 440.5% |
| 2001 | 9.75 |
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.