P/E ratio for Oracle Corp Japan (4716.T)
P/E ratio as of April 2024 (TTM): 27.8
According to Oracle Corp Japan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.8442. At the end of 2022 the company had a P/E ratio of 21.1.
P/E ratio history for Oracle Corp Japan from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.1 | -5.61% |
| 2021 | 22.4 | -35.3% |
| 2020 | 34.6 | 22.01% |
| 2019 | 28.4 | 29.13% |
| 2018 | 22.0 | -31.64% |
| 2017 | 32.1 | 49.77% |
| 2016 | 21.5 | -8.47% |
| 2015 | 23.4 | 12.63% |
| 2014 | 20.8 | 8.76% |
| 2013 | 19.1 | 8.43% |
| 2012 | 17.7 | 23.98% |
| 2011 | 14.2 | -36.15% |
| 2010 | 22.3 | 2.56% |
| 2009 | 21.7 |
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.