P/E ratio for Kyocera (6971.T)
P/E ratio as of April 2024 (TTM): 5.27
According to Kyocera 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.26607. At the end of 2022 the company had a P/E ratio of 16.0.
P/E ratio history for Kyocera from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.0 | -10.34% |
| 2021 | 17.8 | -45.4% |
| 2020 | 32.6 | 50.42% |
| 2019 | 21.7 | -28.82% |
| 2018 | 30.4 | 40.66% |
| 2017 | 21.6 | 22.04% |
| 2016 | 17.7 | -13.34% |
| 2015 | 20.5 | -6.31% |
| 2014 | 21.8 | -0.61% |
| 2013 | 22.0 | -19.53% |
| 2012 | 27.3 | 142.37% |
| 2011 | 11.3 | -14.62% |
| 2010 | 13.2 | -106.85% |
| 2009 | -193 | -1378.84% |
| 2008 | 15.1 | -11.1% |
| 2007 | 16.9 | -20.65% |
| 2006 | 21.3 | -48.39% |
| 2005 | 41.4 |
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.