P/E ratio for M3, Inc (2413.T)
P/E ratio as of April 2024 (TTM): 23.3
According to M3, Inc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2738. At the end of 2022 the company had a P/E ratio of 51.7.
P/E ratio history for M3, Inc from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.7 | -11.49% |
| 2021 | 58.4 | -71.93% |
| 2020 | 208 | 102.64% |
| 2019 | 103 | 107.84% |
| 2018 | 49.4 | -32.22% |
| 2017 | 72.9 | 13.74% |
| 2016 | 64.1 | -7.91% |
| 2015 | 69.6 | 2.16% |
| 2014 | 68.2 | 23.89% |
| 2013 | 55.0 | 37.72% |
| 2012 | 39.9 | -2.38% |
| 2011 | 40.9 | 37.33% |
| 2010 | 29.8 | -33.74% |
| 2009 | 45.0 |
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.