Panasonic
6752.T
#957
Rank
$19.17 B
Marketcap
$8.21
Share price
-0.31%
Change (1 day)
-31.55%
Change (1 year)

P/E ratio for Panasonic (6752.T)

P/E ratio as of June 2024 (TTM): 6.47

According to Panasonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.46998. 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
202211.6-9.05%
202112.8-18.08%
202015.687.83%
20198.32-24.5%
201811.0-56.54%
201725.485.89%
201613.6-5.34%
201514.4-92.2%
20141854808.35%
20133.77-431.47%
2012-1.14-71.51%
2011-3.99-104.32%
201092.3-1637.64%
2009-6.00-133.58%
200817.9-11.72%
200720.3-9.42%
200622.4-63.87%
200561.9

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.