P/E ratio for Otsuka (4768.T)
P/E ratio as of April 2024 (TTM): 12.4
According to Otsuka's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.414. At the end of 2022 the company had a P/E ratio of 19.7.
P/E ratio history for Otsuka from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.7 | -24.5% |
| 2021 | 26.1 | -0.83% |
| 2020 | 26.3 | 37.84% |
| 2019 | 19.1 | 11.91% |
| 2018 | 17.0 | -34.34% |
| 2017 | 26.0 | 33.74% |
| 2016 | 19.4 | -18.59% |
| 2015 | 23.8 | 54.37% |
| 2014 | 15.4 | -28.21% |
| 2013 | 21.5 | 69.91% |
| 2012 | 12.7 | -3.69% |
| 2011 | 13.1 | -20.19% |
| 2010 | 16.5 | -1.18% |
| 2009 | 16.7 |
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.