According to Sony's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.0295253. At the end of 2023 the company had a P/E ratio of 0.0257.
Year | P/E ratio | Change |
---|---|---|
2023 | 0.0257 | 32.7% |
2022 | 0.0193 | -45.81% |
2021 | 0.0357 | 40.12% |
2020 | 0.0255 | -0.69% |
2019 | 0.0256 | |
2017 | 0.0212 | -112.82% |
2016 | -0.1656 | -439.81% |
2015 | 0.0487 | -282.66% |
2014 | -0.0267 |
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.