P/E ratio for Panasonic (6752.T)
P/E ratio as of April 2024 (TTM): 7.01
According to Panasonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.0094. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Panasonic from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | -9.05% |
| 2021 | 12.8 | -18.08% |
| 2020 | 15.6 | 87.83% |
| 2019 | 8.32 | -24.5% |
| 2018 | 11.0 | -56.54% |
| 2017 | 25.4 | 85.89% |
| 2016 | 13.6 | -5.34% |
| 2015 | 14.4 | -92.2% |
| 2014 | 185 | 4808.35% |
| 2013 | 3.77 | -431.47% |
| 2012 | -1.14 | -71.51% |
| 2011 | -3.99 | -104.32% |
| 2010 | 92.3 | -1637.64% |
| 2009 | -6.00 | -133.58% |
| 2008 | 17.9 | -11.72% |
| 2007 | 20.3 | -9.42% |
| 2006 | 22.4 | -63.87% |
| 2005 | 61.9 |
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.