P/E ratio for Osaka Gas (9532.T)
P/E ratio as of November 2023 (TTM): 10.2
According to Osaka Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2306. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Osaka Gas from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | 18.93% |
| 2021 | 10.1 | -25.84% |
| 2020 | 13.6 | -1.19% |
| 2019 | 13.8 | -81.45% |
| 2018 | 74.2 | 339.46% |
| 2017 | 16.9 | -10.01% |
| 2016 | 18.8 | 111.86% |
| 2015 | 8.85 | -29.37% |
| 2014 | 12.5 | -69.35% |
| 2013 | 40.9 | 388.48% |
| 2012 | 8.37 | -61.72% |
| 2011 | 21.9 | 24.84% |
| 2010 | 17.5 | 93.49% |
| 2009 | 9.05 |
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.