P/E ratio for Makita (6586.T)
P/E ratio as of April 2024 (TTM): 85.0
According to Makita's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 84.9925. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Makita from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | 51.74% |
| 2021 | 19.9 | -20.37% |
| 2020 | 25.0 | 23.9% |
| 2019 | 20.2 | 8.25% |
| 2018 | 18.7 | -25.29% |
| 2017 | 25.0 | 2.09% |
| 2016 | 24.5 | 6.43% |
| 2015 | 23.0 | 36.81% |
| 2014 | 16.8 | -13.64% |
| 2013 | 19.5 | 13.16% |
| 2012 | 17.2 | 58.18% |
| 2011 | 10.9 | -32.27% |
| 2010 | 16.1 | -29.64% |
| 2009 | 22.8 | 238.64% |
| 2008 | 6.74 | -52.81% |
| 2007 | 14.3 | -15.03% |
| 2006 | 16.8 | 48.75% |
| 2005 | 11.3 | 6.79% |
| 2004 | 10.6 | -67.87% |
| 2003 | 32.9 | 23.81% |
| 2002 | 26.6 | -30.92% |
| 2001 | 38.5 |
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.