P/E ratio for Makita (6586.T)
P/E ratio as of May 2023 (TTM): 36.2
According to Makita's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2281. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Makita from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | -20.14% |
| 2021 | 21.1 | 9.23% |
| 2020 | 19.3 | 0.68% |
| 2019 | 19.2 | -25.49% |
| 2018 | 25.8 | 8.52% |
| 2017 | 23.8 | 3.91% |
| 2016 | 22.9 | 23.1% |
| 2015 | 18.6 | -7.68% |
| 2014 | 20.1 | 10.31% |
| 2013 | 18.2 | 30.08% |
| 2012 | 14.0 | -19.58% |
| 2011 | 17.4 | -9.71% |
| 2010 | 19.3 | 106.53% |
| 2009 | 9.35 | -3.84% |
| 2008 | 9.72 | -42.87% |
| 2007 | 17.0 | 32.58% |
| 2006 | 12.8 | 4.14% |
| 2005 | 12.3 | -50.74% |
| 2004 | 25.0 | 30.98% |
| 2003 | 19.1 | -96.95% |
| 2002 | 627 | 1027.65% |
| 2001 | 55.6 |
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.