According to Kyokuyo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.26671. At the end of 2022 the company had a P/E ratio of 6.17.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.17 | -14.17% |
2021 | 7.19 | -20.18% |
2020 | 9.01 | -37.66% |
2019 | 14.5 | 35.75% |
2018 | 10.6 | -34.95% |
2017 | 16.4 | 77.83% |
2016 | 9.20 | -75.93% |
2015 | 38.2 | 303.94% |
2014 | 9.47 | 3.03% |
2013 | 9.19 | -45.06% |
2012 | 16.7 | -135.7% |
2011 | -46.8 | -274.91% |
2010 | 26.8 | 32.6% |
2009 | 20.2 |
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.