P/E ratio for Sapporo (2501.T)
P/E ratio as of May 2024 (TTM): 919
According to Sapporo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 918.812. At the end of 2022 the company had a P/E ratio of 46.9.
P/E ratio history for Sapporo from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.9 | 239.94% |
| 2021 | 13.8 | -242.92% |
| 2020 | -9.65 | -120.92% |
| 2019 | 46.1 | 120.12% |
| 2018 | 21.0 | -43.94% |
| 2017 | 37.4 | 51% |
| 2016 | 24.8 | -27.02% |
| 2015 | 33.9 | -94.23% |
| 2014 | 589 | 3122.14% |
| 2013 | 18.3 | -9.79% |
| 2012 | 20.2 | -43.78% |
| 2011 | 36.0 | 169.23% |
| 2010 | 13.4 | -69.66% |
| 2009 | 44.1 |
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.