Mitsubishi Corporation
8058.T
#334
Rank
$48.29 B
Marketcap
$32.99
Share price
-0.25%
Change (1 day)
6.49%
Change (1 year)

P/E ratio for Mitsubishi Corporation (8058.T)

P/E ratio as of December 2022 (TTM): 5.08

According to Mitsubishi Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.08024. At the end of 2022 the company had a P/E ratio of 7.29.

P/E ratio history for Mitsubishi Corporation from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.29-73.2%
202127.2298.71%
20206.82-18.46%
20198.373.32%
20188.10-7.58%
20178.77-142.42%
2016-20.7-307.83%
20159.9413.63%
20148.7511.57%
20137.8412.68%
20126.96-14.95%
20118.18-44.39%
201014.7149.74%
20095.89-43.68%
200810.5-5.76%
200711.1-8.89%
200612.2

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.