P/E ratio for Omron (6645.T)
P/E ratio as of June 2023 (TTM): 26.5
According to Omron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5131. At the end of 2022 the company had a P/E ratio of 27.5.
P/E ratio history for Omron from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.5 | -33.4% |
| 2021 | 41.4 | 164.09% |
| 2020 | 15.7 | -22.95% |
| 2019 | 20.3 | -3.63% |
| 2018 | 21.1 | -8.83% |
| 2017 | 23.1 | 50.5% |
| 2016 | 15.4 | -20.38% |
| 2015 | 19.3 | -6.14% |
| 2014 | 20.6 | 24.3% |
| 2013 | 16.5 | -30.08% |
| 2012 | 23.7 | 22.6% |
| 2011 | 19.3 | -85.97% |
| 2010 | 138 | -1665.04% |
| 2009 | -8.79 | -181.5% |
| 2008 | 10.8 | -43.33% |
| 2007 | 19.0 | -15.18% |
| 2006 | 22.4 | 22.86% |
| 2005 | 18.3 |
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.