P/E ratio for Otsuka Holdings (4578.T)
P/E ratio as of June 2023 (TTM): 18.4
According to Otsuka Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3623. At the end of 2021 the company had a P/E ratio of 18.0.
P/E ratio history for Otsuka Holdings from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.0 | 11.43% |
| 2020 | 16.2 | -22.31% |
| 2019 | 20.8 | -29.46% |
| 2018 | 29.5 | 23.82% |
| 2017 | 23.8 | -20.06% |
| 2016 | 29.8 | 7.13% |
| 2015 | 27.8 | 150.77% |
| 2014 | 11.1 | -22.44% |
| 2013 | 14.3 | -3.52% |
| 2012 | 14.8 | 17.15% |
| 2011 | 12.7 |
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.