P/E ratio for Mitsui Bussan (8031.T)
P/E ratio as of June 2023 (TTM): 6.74
According to Mitsui Bussan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.74138. At the end of 2022 the company had a P/E ratio of 5.91.
P/E ratio history for Mitsui Bussan from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.91 | -49.49% |
| 2021 | 11.7 | 68.48% |
| 2020 | 6.94 | -5.31% |
| 2019 | 7.33 | -4.38% |
| 2018 | 7.67 | -20.1% |
| 2017 | 9.60 | -134.4% |
| 2016 | -27.9 | -394.06% |
| 2015 | 9.49 | 25.41% |
| 2014 | 7.56 | -1.14% |
| 2013 | 7.65 | 34.26% |
| 2012 | 5.70 | -35.55% |
| 2011 | 8.84 | -53.57% |
| 2010 | 19.0 | 85.31% |
| 2009 | 10.3 | 14.67% |
| 2008 | 8.96 | -29.16% |
| 2007 | 12.7 | -4% |
| 2006 | 13.2 | 3.74% |
| 2005 | 12.7 | -40.28% |
| 2004 | 21.3 | -28.73% |
| 2003 | 29.8 | 38.38% |
| 2002 | 21.6 | 5.77% |
| 2001 | 20.4 |
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.