P/E ratio for Sanwa Holdings (5929.T)
P/E ratio as of May 2024 (TTM): 14.2
According to Sanwa Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2029. At the end of 2022 the company had a P/E ratio of 7.95.
P/E ratio history for Sanwa Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.95 | -34.61% |
| 2021 | 12.2 | 0.07% |
| 2020 | 12.2 | -6.08% |
| 2019 | 12.9 | -7.82% |
| 2018 | 14.0 | -23.25% |
| 2017 | 18.3 | 8.16% |
| 2016 | 16.9 | -11.05% |
| 2015 | 19.0 | 24.85% |
| 2014 | 15.2 | -28.82% |
| 2013 | 21.4 | 39.46% |
| 2012 | 15.3 | -40.09% |
| 2011 | 25.6 | -289.74% |
| 2010 | -13.5 | -162.06% |
| 2009 | 21.7 |
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.