P/E ratio for Monex Group (8698.T)
P/E ratio as of April 2024 (TTM): 39.4
According to Monex Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.4445. At the end of 2022 the company had a P/E ratio of 46.6.
P/E ratio history for Monex Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.6 | 442.34% |
| 2021 | 8.58 | -37.92% |
| 2020 | 13.8 | -83.95% |
| 2019 | 86.2 | 315.2% |
| 2018 | 20.8 | 6.74% |
| 2017 | 19.4 | -84.16% |
| 2016 | 123 | 546.81% |
| 2015 | 19.0 | -27.33% |
| 2014 | 26.1 | 132.67% |
| 2013 | 11.2 | -98.13% |
| 2012 | 600 | 1237.09% |
| 2011 | 44.9 | 60.61% |
| 2010 | 28.0 | -94.33% |
| 2009 | 493 |
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.