P/E ratio for MatsukiyoCocokara (3088.T)
P/E ratio as of May 2024 (TTM): 7.60
According to MatsukiyoCocokara's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.60068. At the end of 2022 the company had a P/E ratio of 30.2.
P/E ratio history for MatsukiyoCocokara from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.2 | 92.05% |
| 2021 | 15.7 | -28.61% |
| 2020 | 22.0 | 4.54% |
| 2019 | 21.0 | 17.91% |
| 2018 | 17.9 | -31.46% |
| 2017 | 26.0 | 33.01% |
| 2016 | 19.6 | -6.68% |
| 2015 | 21.0 | 25.11% |
| 2014 | 16.8 | -7.94% |
| 2013 | 18.2 | 106.68% |
| 2012 | 8.81 | 4.37% |
| 2011 | 8.45 | -84.97% |
| 2010 | 56.2 | 144.68% |
| 2009 | 23.0 |
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.