P/E ratio for Mitsui O.S.K. Lines (9104.T)
P/E ratio as of May 2023 (TTM): 2.74
According to Mitsui O.S.K. Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.73753. At the end of 2022 the company had a P/E ratio of 1.66.
P/E ratio history for Mitsui O.S.K. Lines from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.66 | -89.4% |
| 2021 | 15.7 | 139.06% |
| 2020 | 6.56 | -39.8% |
| 2019 | 10.9 | -241.03% |
| 2018 | -7.72 | -109.55% |
| 2017 | 80.9 | -5112.85% |
| 2016 | -1.61 | -113.84% |
| 2015 | 11.7 | 36.48% |
| 2014 | 8.54 | -533.17% |
| 2013 | -1.97 | -88.08% |
| 2012 | -16.5 | -268.38% |
| 2011 | 9.83 | -83.88% |
| 2010 | 61.0 | 1207% |
| 2009 | 4.66 | -38.56% |
| 2008 | 7.59 | -41.39% |
| 2007 | 13.0 | 51.11% |
| 2006 | 8.57 | 4.88% |
| 2005 | 8.17 | -30.56% |
| 2004 | 11.8 | -51.16% |
| 2003 | 24.1 | -25.15% |
| 2002 | 32.2 | 20.85% |
| 2001 | 26.6 |
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.