Mitsubishi Estate
8802.T
#1008
Rank
$17.07 B
Marketcap
$12.94
Share price
-0.09%
Change (1 day)
-10.01%
Change (1 year)

P/E ratio for Mitsubishi Estate (8802.T)

P/E ratio as of January 2023 (TTM): 13.6

According to Mitsubishi Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.589. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for Mitsubishi Estate from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202215.8-19.5%
202119.731.23%
202015.0-27.41%
201920.7-0.36%
201820.7-25.08%
201727.7-21.08%
201635.0-35.66%
201554.52.99%
201452.9-30.49%
201376.1109.92%
201236.218.28%
201130.6-82.67%
2010177413.41%
200934.4-13.75%
200839.9
200451.696.08%
200326.3-257.88%
2002-16.7-121.91%
200176.0

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.