According to Riken Keiki's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.3502. At the end of 2022 the company had a P/E ratio of 6.37.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.37 | -38.17% |
2021 | 10.3 | 15.19% |
2020 | 8.94 | 21.76% |
2019 | 7.34 | 38.99% |
2018 | 5.28 | -21.28% |
2017 | 6.71 | -12.37% |
2016 | 7.66 | 26.42% |
2015 | 6.06 | 30.48% |
2014 | 4.64 | 23.17% |
2013 | 3.77 | 5.36% |
2012 | 3.58 | -13.28% |
2011 | 4.13 | -7.19% |
2010 | 4.44 | -34.05% |
2009 | 6.74 |
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.