P/E ratio for Rohm (6963.T)
P/E ratio as of April 2024 (TTM): 3.18
According to Rohm 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.17839. At the end of 2022 the company had a P/E ratio of 14.0.
P/E ratio history for Rohm from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.0 | -21.23% |
| 2021 | 17.8 | -68.19% |
| 2020 | 55.9 | 17.31% |
| 2019 | 47.7 | 128.22% |
| 2018 | 20.9 | -55.49% |
| 2017 | 46.9 | 16.99% |
| 2016 | 40.1 | 81.65% |
| 2015 | 22.1 | 19.89% |
| 2014 | 18.4 | -225.74% |
| 2013 | -14.6 | -85.56% |
| 2012 | -101 | 279.29% |
| 2011 | -26.7 | -122.13% |
| 2010 | 121 | 9.02% |
| 2009 | 111 |
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.