P/E ratio for Otsuka Holdings (4578.T)
P/E ratio as of April 2024 (TTM): 16.5
According to Otsuka Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5133. At the end of 2022 the company had a P/E ratio of 17.4.
P/E ratio history for Otsuka Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.4 | -3.3% |
| 2021 | 18.0 | 11.43% |
| 2020 | 16.2 | -22.31% |
| 2019 | 20.8 | -29.46% |
| 2018 | 29.5 | 23.83% |
| 2017 | 23.8 | -20.06% |
| 2016 | 29.8 | 29.95% |
| 2015 | 22.9 | 77.2% |
| 2014 | 12.9 | 36.13% |
| 2013 | 9.51 | -33% |
| 2012 | 14.2 | 17% |
| 2011 | 12.1 | -9.83% |
| 2010 | 13.5 |
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.