P/E ratio for SCSK Corporation (9719.T)
P/E ratio as of April 2024 (TTM): 19.4
According to SCSK Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.394. At the end of 2022 the company had a P/E ratio of 18.0.
P/E ratio history for SCSK Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.0 | -14.57% |
| 2021 | 21.1 | 4.2% |
| 2020 | 20.2 | 8.14% |
| 2019 | 18.7 | 14.65% |
| 2018 | 16.3 | 1.84% |
| 2017 | 16.0 | 11.22% |
| 2016 | 14.4 | -42.31% |
| 2015 | 25.0 | 51.6% |
| 2014 | 16.5 | -16.7% |
| 2013 | 19.8 | 130% |
| 2012 | 8.60 | 91.75% |
| 2011 | 4.48 | -77.32% |
| 2010 | 19.8 | 19.92% |
| 2009 | 16.5 |
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.