P/E ratio for Panasonic (6752.T)
P/E ratio as of June 2023 (TTM): 17.4
According to Panasonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4464. At the end of 2022 the company had a P/E ratio of 11.1.
P/E ratio history for Panasonic from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.1 | -45.86% |
| 2021 | 20.4 | 135.77% |
| 2020 | 8.66 | 8.24% |
| 2019 | 8.00 | -46.77% |
| 2018 | 15.0 | -23.57% |
| 2017 | 19.7 | 61.42% |
| 2016 | 12.2 | -40.05% |
| 2015 | 20.3 | -39.51% |
| 2014 | 33.6 | -1834.36% |
| 2013 | -1.94 | -15% |
| 2012 | -2.28 | -107.75% |
| 2011 | 29.4 | -202.15% |
| 2010 | -28.8 | -61.24% |
| 2009 | -74.2 | -559.73% |
| 2008 | 16.1 | -32.49% |
| 2007 | 23.9 | -37.2% |
| 2006 | 38.1 | -37.96% |
| 2005 | 61.4 | -31.28% |
| 2004 | 89.3 | -176.04% |
| 2003 | -117 | 1424.45% |
| 2002 | -7.71 | -106.83% |
| 2001 | 113 |
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.