Sumitomo Osaka Cement
5232.T
#6198
Rank
NZ$1.21 B
Marketcap
$36.79
Share price
0.96%
Change (1 day)
-10.23%
Change (1 year)

P/E ratio for Sumitomo Osaka Cement (5232.T)

P/E ratio as of December 2024 (TTM): 10.9

According to Sumitomo Osaka Cement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8964. At the end of 2024 the company had a P/E ratio of 8.51.

P/E ratio history for Sumitomo Osaka Cement from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20248.51-138.11%
2023-22.3-275.97%
202212.77.67%
202111.8-0.94%
202011.9-47.8%
201922.874.45%
201813.19.16%
201712.06.55%
201611.2-0.53%
201511.3-16.83%
201413.6-9.19%
201315.0-45.64%
201227.5-75.58%
2011113-241.01%
2010-79.9-137.2%
20092151019.25%
200819.2-22.2%
200724.7-62.74%
200666.2212.36%
200521.2-4.21%
200422.1-233.15%
2003-16.6-131.67%
200252.522.02%
200143.0

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.