P/E ratio for Oriental Land (4661.T)
P/E ratio as of October 2023 (TTM): 77.1
According to Oriental Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.0721. At the end of 2022 the company had a P/E ratio of 947.
P/E ratio history for Oriental Land from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 947 | -1023.78% |
| 2021 | -102 | -237.62% |
| 2020 | 74.5 | 61.03% |
| 2019 | 46.2 | 4.99% |
| 2018 | 44.0 | 72.17% |
| 2017 | 25.6 | -30.08% |
| 2016 | 36.6 | -18.15% |
| 2015 | 44.7 | 141.76% |
| 2014 | 18.5 | -21.22% |
| 2013 | 23.5 | 1.87% |
| 2012 | 23.0 | -8.78% |
| 2011 | 25.3 | 8.54% |
| 2010 | 23.3 | -28.43% |
| 2009 | 32.5 | -14.8% |
| 2008 | 38.2 | -11.41% |
| 2007 | 43.1 | 3.09% |
| 2006 | 41.8 | 2.93% |
| 2005 | 40.6 |
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.