P/E ratio for Mitsui Fudosan Logistics Park (3471.T)
P/E ratio at the end of 2021: 31.5
According to Mitsui Fudosan Logistics Park's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3166. At the end of 2021 the company had a P/E ratio of 31.5.
P/E ratio history for Mitsui Fudosan Logistics Park from 2017 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 31.5 | -12.83% |
| 2020 | 36.1 | 51.83% |
| 2019 | 23.8 | 11.14% |
| 2018 | 21.4 | 22.11% |
| 2017 | 17.5 |
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.