Mitsubishi Motors
7211.T
#2670
Rank
$4.97 B
Marketcap
$3.34
Share price
2.08%
Change (1 day)
-11.64%
Change (1 year)

P/E ratio for Mitsubishi Motors (7211.T)

P/E ratio as of March 2024 (TTM): 3.77

According to Mitsubishi Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.77489. At the end of 2022 the company had a P/E ratio of 4.74.

P/E ratio history for Mitsubishi Motors from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.74-123.47%
2021-20.21513.69%
2020-1.25-109.54%
201913.156.21%
20188.40-23.91%
201711.0-423.33%
2016-3.41-132.47%
201510.58.35%
20149.7152.9%
20136.35166.59%
20122.38-85.11%
201116.0-30.92%
201023.2-347.63%
2009-9.35

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.