P/E ratio for Pigeon (7956.T)
P/E ratio as of April 2024 (TTM): 16.5
According to Pigeon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4504. At the end of 2022 the company had a P/E ratio of 30.2.
P/E ratio history for Pigeon from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.2 | 1% |
| 2021 | 29.9 | -37.45% |
| 2020 | 47.8 | 15.08% |
| 2019 | 41.6 | 20.57% |
| 2018 | 34.5 | -12.84% |
| 2017 | 39.6 | 21.29% |
| 2016 | 32.6 | -9.4% |
| 2015 | 36.0 | -1.41% |
| 2014 | 36.5 | 20.98% |
| 2013 | 30.2 | 65.85% |
| 2012 | 18.2 | -2.7% |
| 2011 | 18.7 | -24.77% |
| 2010 | 24.9 |
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.