P/E ratio for Osaka Gas (9532.T)
P/E ratio as of March 2023 (TTM): 8.50
According to Osaka Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.50112. At the end of 2022 the company had a P/E ratio of 6.92.
P/E ratio history for Osaka Gas from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.92 | -38.65% |
| 2021 | 11.3 | -45.96% |
| 2020 | 20.9 | -23.71% |
| 2019 | 27.4 | 18.17% |
| 2018 | 23.1 | 61.2% |
| 2017 | 14.4 | 34.49% |
| 2016 | 10.7 | -22.01% |
| 2015 | 13.7 | -29.48% |
| 2014 | 19.4 | 23.53% |
| 2013 | 15.7 | 2.76% |
| 2012 | 15.3 | 2.04% |
| 2011 | 15.0 | 0.95% |
| 2010 | 14.8 | -21.95% |
| 2009 | 19.0 | -15.66% |
| 2008 | 22.6 | 17.29% |
| 2007 | 19.2 | 59.17% |
| 2006 | 12.1 | -15.15% |
| 2005 | 14.2 | -5.28% |
| 2004 | 15.0 | -39.35% |
| 2003 | 24.8 | 41% |
| 2002 | 17.6 | -20.64% |
| 2001 | 22.1 |
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.