According to Yamaha's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.46178. At the end of 2022 the company had a P/E ratio of 6.13.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.13 | -2.72% |
2021 | 6.31 | -65.26% |
2020 | 18.2 | 97.54% |
2019 | 9.19 | 25.06% |
2018 | 7.35 | 67.5% |
2017 | 4.39 | -22.96% |
2016 | 5.69 | 3.88% |
2015 | 5.48 | 16.2% |
2014 | 4.72 | -18.11% |
2013 | 5.76 | -371.69% |
2012 | -2.12 | -90.35% |
2011 | -22.0 | -167.77% |
2010 | 32.4 | -1280.37% |
2009 | -2.75 |
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.