P/E ratio for Mitsui O.S.K. Lines (9104.T)
P/E ratio as of April 2024 (TTM): 2.55
According to Mitsui O.S.K. Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.55124. At the end of 2022 the company had a P/E ratio of 1.26.
P/E ratio history for Mitsui O.S.K. Lines from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.26 | -37.03% |
| 2021 | 2.00 | -74.28% |
| 2020 | 7.76 | 18.54% |
| 2019 | 6.55 | -228.93% |
| 2018 | -5.08 | -117.45% |
| 2017 | 29.1 | -1336.19% |
| 2016 | -2.35 | -119.71% |
| 2015 | 11.9 | 46.69% |
| 2014 | 8.14 | -230.1% |
| 2013 | -6.25 | 22.69% |
| 2012 | -5.10 | -67.16% |
| 2011 | -15.5 | -256.08% |
| 2010 | 9.94 | -114.37% |
| 2009 | -69.2 |
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.