P/E ratio for Mitsui Bussan (8031.T)
P/E ratio as of April 2024 (TTM): 9.06
According to Mitsui Bussan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.0558. At the end of 2022 the company had a P/E ratio of 5.44.
P/E ratio history for Mitsui Bussan from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.44 | -6.29% |
| 2021 | 5.81 | -53.49% |
| 2020 | 12.5 | 47.51% |
| 2019 | 8.47 | 12.94% |
| 2018 | 7.50 | 4.91% |
| 2017 | 7.15 | -96.9% |
| 2016 | 231 | 1559.61% |
| 2015 | 13.9 | 37.54% |
| 2014 | 10.1 | 35.85% |
| 2013 | 7.44 | 10.56% |
| 2012 | 6.73 | 14.25% |
| 2011 | 5.89 | -20% |
| 2010 | 7.36 | -102.85% |
| 2009 | -258 | -5731.51% |
| 2008 | 4.58 | -60.09% |
| 2007 | 11.5 | 10.91% |
| 2006 | 10.4 | -19.6% |
| 2005 | 12.9 |
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.