P/E ratio for Omron (6645.T)
P/E ratio as of April 2024 (TTM): 11.2
According to Omron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2009. At the end of 2022 the company had a P/E ratio of 19.0.
P/E ratio history for Omron from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.0 | -55.41% |
| 2021 | 42.6 | -13.1% |
| 2020 | 49.0 | 221.62% |
| 2019 | 15.2 | 0.29% |
| 2018 | 15.2 | -34.22% |
| 2017 | 23.1 | 6.03% |
| 2016 | 21.8 | 15.53% |
| 2015 | 18.9 | -3.07% |
| 2014 | 19.5 | -17.28% |
| 2013 | 23.5 | 33.16% |
| 2012 | 17.7 | 40.29% |
| 2011 | 12.6 | -58.28% |
| 2010 | 30.2 |
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.