P/E ratio for Pilot Corporation (7846.T)
P/E ratio as of April 2024 (TTM): 9.02
According to Pilot Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.0207. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Pilot Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | -1.19% |
| 2021 | 12.2 | 5.75% |
| 2020 | 11.5 | -12.42% |
| 2019 | 13.1 | -8.88% |
| 2018 | 14.4 | -4.18% |
| 2017 | 15.0 | 6318.82% |
| 2016 | 0.2343 | -16.48% |
| 2015 | 0.2805 | -25.59% |
| 2014 | 0.3770 | -38.85% |
| 2013 | 0.6165 | -31.24% |
| 2012 | 0.8965 | -25.65% |
| 2011 | 1.21 | 73.08% |
| 2010 | 0.6967 | -93.18% |
| 2009 | 10.2 |
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.