Tsuruha Holdings
3391.T
#3859
Rank
NZ$4.30 B
Marketcap
$88.48
Share price
-0.66%
Change (1 day)
-34.88%
Change (1 year)

P/E ratio for Tsuruha Holdings (3391.T)

P/E ratio as of November 2024 (TTM): 13.6

According to Tsuruha Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6139. At the end of 2022 the company had a P/E ratio of 21.3.

P/E ratio history for Tsuruha Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.3-10.94%
202123.9-2.75%
202024.6-0.57%
201924.734.32%
201818.4-40.64%
201731.027.74%
201624.3-8.27%
201526.421.97%
201421.729.37%
201316.828.66%
201213.014.47%
201111.4-15.21%
201013.415.31%
200911.6

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.