P/E ratio for MISUMI Group (9962.T)
P/E ratio as of May 2024 (TTM): 23.6
According to MISUMI Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.6319. At the end of 2022 the company had a P/E ratio of 23.1.
P/E ratio history for MISUMI Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.1 | -38.44% |
| 2021 | 37.5 | -39.98% |
| 2020 | 62.4 | 66.93% |
| 2019 | 37.4 | 23.75% |
| 2018 | 30.2 | -15.31% |
| 2017 | 35.7 | 22.7% |
| 2016 | 29.1 | -2.95% |
| 2015 | 30.0 | 28.58% |
| 2014 | 23.3 | 1.32% |
| 2013 | 23.0 | 3.57% |
| 2012 | 22.2 | 23.74% |
| 2011 | 18.0 | -16.92% |
| 2010 | 21.6 | -89.4% |
| 2009 | 204 |
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.