P/E ratio for Lasertec (6920.T)
P/E ratio as of April 2024 (TTM): 91.4
According to Lasertec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 91.4288. At the end of 2022 the company had a P/E ratio of 68.3.
P/E ratio history for Lasertec from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 68.3 | -55.72% |
| 2021 | 154 | 92.05% |
| 2020 | 80.3 | 23.06% |
| 2019 | 65.3 | 499.34% |
| 2018 | 10.9 | -31.56% |
| 2017 | 15.9 | 160.59% |
| 2016 | 6.11 | 6.18% |
| 2015 | 5.75 | -5.63% |
| 2014 | 6.10 | -48.04% |
| 2013 | 11.7 | 248.95% |
| 2012 | 3.36 | 5.33% |
| 2011 | 3.19 | -69.96% |
| 2010 | 10.6 |
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.