Meiji Holdings
2269.T
#2270
Rank
$6.63 B
Marketcap
$24.04
Share price
-0.77%
Change (1 day)
1.22%
Change (1 year)

P/E ratio for Meiji Holdings (2269.T)

P/E ratio as of July 2024 (TTM): 14.2

According to Meiji Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2487. At the end of 2022 the company had a P/E ratio of 12.1.

P/E ratio history for Meiji Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.1-12.1%
202113.7-16.23%
202016.4-19.77%
201920.413.89%
201817.9-16.2%
201721.4-8.53%
201623.4-16.94%
201528.22.84%
201427.436.81%
201320.0-38.99%
201232.8-75.2%
2011132599.2%
201018.9-3.15%
200919.5

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.