P/E ratio for Obayashi (1802.T)
P/E ratio as of September 2023 (TTM): 12.4
According to Obayashi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3786. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Obayashi from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | 122.35% |
| 2021 | 7.59 | 25.03% |
| 2020 | 6.07 | -15.37% |
| 2019 | 7.17 | -20.51% |
| 2018 | 9.02 | 14.92% |
| 2017 | 7.85 | -38.21% |
| 2016 | 12.7 | -35.2% |
| 2015 | 19.6 | -1.99% |
| 2014 | 20.0 | -19.81% |
| 2013 | 24.9 | -50.55% |
| 2012 | 50.4 | 193.22% |
| 2011 | 17.2 | -404.54% |
| 2010 | -5.65 | -117.96% |
| 2009 | 31.4 | 94.22% |
| 2008 | 16.2 | 20.22% |
| 2007 | 13.5 | -32.78% |
| 2006 | 20.0 | 7.91% |
| 2005 | 18.6 | -4.38% |
| 2004 | 19.4 | -70.4% |
| 2003 | 65.6 | -1950.34% |
| 2002 | -3.54 | -93.56% |
| 2001 | -55.0 |
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.