According to Obayashi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.097. At the end of 2022 the company had a P/E ratio of 12.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.5 | 29.01% |
2021 | 9.68 | 40.13% |
2020 | 6.91 | -0.57% |
2019 | 6.95 | -6.48% |
2018 | 7.43 | -24.37% |
2017 | 9.82 | 2.07% |
2016 | 9.62 | -34.05% |
2015 | 14.6 | -16.81% |
2014 | 17.5 | -51.08% |
2013 | 35.8 | 47.76% |
2012 | 24.3 | 48.26% |
2011 | 16.4 | -412.75% |
2010 | -5.23 | -121.22% |
2009 | 24.7 |
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.