P/E ratio for kyowa Kirin (4151.T)
P/E ratio as of June 2023 (TTM): 24.3
According to kyowa Kirin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2817. At the end of 2021 the company had a P/E ratio of 32.2.
P/E ratio history for kyowa Kirin from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 32.2 | 0.12% |
| 2020 | 32.1 | 55.59% |
| 2019 | 20.7 | -1.15% |
| 2018 | 20.9 | -24.84% |
| 2017 | 27.8 | -41.3% |
| 2016 | 47.4 | 34.54% |
| 2015 | 35.2 | -9.98% |
| 2014 | 39.1 | 85.4% |
| 2013 | 21.1 | 9.61% |
| 2012 | 19.2 | -7.75% |
| 2011 | 20.9 | -2.79% |
| 2010 | 21.5 | -66.43% |
| 2009 | 63.9 | 284.82% |
| 2008 | 16.6 | -52.3% |
| 2007 | 34.8 | 50.93% |
| 2006 | 23.1 | 18.2% |
| 2005 | 19.5 | -35.21% |
| 2004 | 30.1 | 13.94% |
| 2003 | 26.4 | -51.47% |
| 2002 | 54.5 | 46.75% |
| 2001 | 37.1 |
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.