P/E ratio for M3, Inc (2413.T)
P/E ratio as of October 2023 (TTM): 33.0
According to M3, Inc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.9664. At the end of 2022 the company had a P/E ratio of 48.0.
P/E ratio history for M3, Inc from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 48.0 | -64.07% |
| 2021 | 133 | 40.26% |
| 2020 | 95.2 | 54.46% |
| 2019 | 61.6 | -21.64% |
| 2018 | 78.6 | 39.24% |
| 2017 | 56.5 | -23.21% |
| 2016 | 73.5 | -11.65% |
| 2015 | 83.2 | 27.64% |
| 2014 | 65.2 | 29.71% |
| 2013 | 50.3 | 42.95% |
| 2012 | 35.2 | -8.22% |
| 2011 | 38.3 | 35.9% |
| 2010 | 28.2 | -3.72% |
| 2009 | 29.3 | -44.58% |
| 2008 | 52.8 | -12.56% |
| 2007 | 60.4 | -62.46% |
| 2006 | 161 | 27.48% |
| 2005 | 126 |
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.