According to Keiyo Gas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.65135. At the end of 2023 the company had a P/E ratio of 19.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 19.5 | -82.81% |
2022 | 113 | 420.22% |
2021 | 21.8 | 162.6% |
2020 | 8.29 | 18.78% |
2019 | 6.98 | -13.22% |
2018 | 8.05 | 8.35% |
2017 | 7.43 | 15.61% |
2016 | 6.42 | -4.71% |
2015 | 6.74 | -35.57% |
2014 | 10.5 | -2.94% |
2013 | 10.8 | 4.37% |
2012 | 10.3 | -60.73% |
2011 | 26.3 | 229.8% |
2010 | 7.97 | 26.08% |
2009 | 6.32 | -33.62% |
2008 | 9.53 |
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.