According to Zojirushi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.22174. At the end of 2023 the company had a P/E ratio of 23.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 23.9 | -19.79% |
2022 | 29.8 | 21.19% |
2021 | 24.6 | -24.88% |
2020 | 32.8 | 10.82% |
2019 | 29.6 | 64.65% |
2018 | 18.0 | 36.63% |
2017 | 13.1 | -3.24% |
2016 | 13.6 | -35.39% |
2015 | 21.0 | 49.01% |
2014 | 14.1 | -12.45% |
2013 | 16.1 | 260.12% |
2012 | 4.47 | -44.27% |
2011 | 8.03 | -33.18% |
2010 | 12.0 | -35.27% |
2009 | 18.6 | -46.77% |
2008 | 34.9 | 299.81% |
2007 | 8.72 | -21.88% |
2006 | 11.2 | -40.9% |
2005 | 18.9 | 64.65% |
2004 | 11.5 |
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.