P/E ratio for Olympus (7733.T)
P/E ratio as of June 2023 (TTM): 19.7
According to Olympus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7454. At the end of 2022 the company had a P/E ratio of 25.8.
P/E ratio history for Olympus from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.8 | -88.78% |
| 2021 | 230 | 501.4% |
| 2020 | 38.3 | -81.11% |
| 2019 | 203 | 736.32% |
| 2018 | 24.2 | 29.26% |
| 2017 | 18.7 | -20.32% |
| 2016 | 23.5 | -113.26% |
| 2015 | -177 | -322.16% |
| 2014 | 79.8 | 7.86% |
| 2013 | 74.0 | -1102.61% |
| 2012 | -7.38 | -108.84% |
| 2011 | 83.5 | 389.84% |
| 2010 | 17.0 | -539.43% |
| 2009 | -3.88 | -127.27% |
| 2008 | 14.2 | -37.62% |
| 2007 | 22.8 | -30.77% |
| 2006 | 32.9 | -160.58% |
| 2005 | -54.4 | -404.02% |
| 2004 | 17.9 | -10.33% |
| 2003 | 19.9 | -52.19% |
| 2002 | 41.7 | 3.2% |
| 2001 | 40.4 |
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.