P/E ratio for Mitsubishi Motors (7211.T)
P/E ratio as of May 2023 (TTM): -4.44
According to Mitsubishi Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.43818. At the end of 2022 the company had a P/E ratio of 6.63.
P/E ratio history for Mitsubishi Motors from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.63 | -541.87% |
| 2021 | -1.50 | -92.07% |
| 2020 | -18.9 | -379.86% |
| 2019 | 6.77 | -35.77% |
| 2018 | 10.5 | -356.91% |
| 2017 | -4.10 | -135.73% |
| 2016 | 11.5 | 25.71% |
| 2015 | 9.13 | 32.01% |
| 2014 | 6.92 | -51.88% |
| 2013 | 14.4 | -33.95% |
| 2012 | 21.8 | -39.84% |
| 2011 | 36.2 | -75.51% |
| 2010 | 148 | -1252.33% |
| 2009 | -12.8 | -149.28% |
| 2008 | 26.0 | -77.49% |
| 2007 | 116 | -872.62% |
| 2006 | -15.0 | 1100.81% |
| 2005 | -1.25 | -31.75% |
| 2004 | -1.82 | -117.41% |
| 2003 | 10.5 | -77.14% |
| 2002 | 45.8 | 2399.51% |
| 2001 | 1.83 |
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.