P/E ratio for Monotaro (3064.T)
P/E ratio as of April 2024 (TTM): 38.1
According to Monotaro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.1432. At the end of 2022 the company had a P/E ratio of 49.5.
P/E ratio history for Monotaro from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 49.5 | -15.72% |
| 2021 | 58.7 | -38.04% |
| 2020 | 94.7 | 43.29% |
| 2019 | 66.1 | -6.83% |
| 2018 | 70.9 | 34.41% |
| 2017 | 52.8 | 13.62% |
| 2016 | 46.4 | -50.4% |
| 2015 | 93.6 | 58.98% |
| 2014 | 58.9 | 3.89% |
| 2013 | 56.7 | 15.13% |
| 2012 | 49.2 | 133.95% |
| 2011 | 21.0 | 102.43% |
| 2010 | 10.4 | -44.58% |
| 2009 | 18.8 |
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.