P/E ratio for Olympus (7733.T)
P/E ratio as of April 2024 (TTM): 7.10
According to Olympus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.09977. At the end of 2022 the company had a P/E ratio of 21.9.
P/E ratio history for Olympus from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.9 | -36.23% |
| 2021 | 34.4 | -106.3% |
| 2020 | -546 | -1599.68% |
| 2019 | 36.4 | -50.8% |
| 2018 | 74.0 | 157.24% |
| 2017 | 28.8 | 23.25% |
| 2016 | 23.4 | -96.89% |
| 2015 | 751 | 1950.51% |
| 2014 | 36.6 | -81.08% |
| 2013 | 194 | -459.88% |
| 2012 | -53.8 | 597.65% |
| 2011 | -7.71 | -114.92% |
| 2010 | 51.7 | -385.57% |
| 2009 | -18.1 |
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.