P/E ratio for McDonald's Japan (2702.T)
P/E ratio as of April 2024 (TTM): 40.8
According to McDonald's Japan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.818. At the end of 2022 the company had a P/E ratio of 33.3.
P/E ratio history for McDonald's Japan from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.3 | 17.86% |
| 2021 | 28.3 | -14.18% |
| 2020 | 32.9 | -20.18% |
| 2019 | 41.3 | 46.1% |
| 2018 | 28.2 | 2.98% |
| 2017 | 27.4 | -63.82% |
| 2016 | 75.8 | -860.53% |
| 2015 | -9.97 | -37.74% |
| 2014 | -16.0 | -123.02% |
| 2013 | 69.5 | 194.62% |
| 2012 | 23.6 | 13.65% |
| 2011 | 20.8 | -39.66% |
| 2010 | 34.4 | 86.38% |
| 2009 | 18.5 |
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.