Kyokuyo
1301.T
#6611
Rank
$0.29 B
Marketcap
$24.45
Share price
-0.94%
Change (1 day)
-8.08%
Change (1 year)
Categories

P/E ratio for Kyokuyo (1301.T)

P/E ratio as of March 2024 (TTM): 6.60

According to Kyokuyo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.59861. At the end of 2022 the company had a P/E ratio of 6.17.

P/E ratio history for Kyokuyo from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.17-14.17%
20217.19-20.18%
20209.01-37.66%
201914.535.75%
201810.6-34.95%
201716.477.83%
20169.20-75.93%
201538.2303.94%
20149.473.03%
20139.19-45.06%
201216.7-135.7%
2011-46.8-274.91%
201026.832.6%
200920.2

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.