P/E ratio for Canon (7751.T)
P/E ratio as of March 2025 (TTM): 16.8
According to Canon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8231. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Canon from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | -11.78% |
| 2021 | 13.6 | -45.23% |
| 2020 | 24.9 | -2.48% |
| 2019 | 25.5 | 99.22% |
| 2018 | 12.8 | -31.95% |
| 2017 | 18.8 | -21.12% |
| 2016 | 23.9 | 31.06% |
| 2015 | 18.2 | 9.03% |
| 2014 | 16.7 | 0.84% |
| 2013 | 16.6 | -4.98% |
| 2012 | 17.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 12.2 | -27.25% | 🇺🇸 USA |
 | 4.93 | -70.72% | 🇺🇸 USA |
 | 13.9 | -17.14% | 🇯🇵 Japan |
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.