According to Kintetsu GHD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.94995. At the end of 2022 the company had a P/E ratio of 10.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.2 | -56.6% |
2021 | 23.5 | -226.44% |
2020 | -18.6 | -155.2% |
2019 | 33.6 | 28.79% |
2018 | 26.1 | -2.94% |
2017 | 26.9 | -35.84% |
2016 | 42.0 | 61.26% |
2015 | 26.0 | -11.01% |
2014 | 29.2 | 21.93% |
2013 | 24.0 | -18.59% |
2012 | 29.5 | -59.98% |
2011 | 73.6 | 115.28% |
2010 | 34.2 | -77.69% |
2009 | 153 |
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.