P/E ratio for Secom (9735.T)
P/E ratio as of April 2024 (TTM): 21.1
According to Secom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1016. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Secom from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -5.19% |
| 2021 | 18.6 | -32.57% |
| 2020 | 27.5 | 16.62% |
| 2019 | 23.6 | 10.91% |
| 2018 | 21.3 | -6.8% |
| 2017 | 22.9 | -0.46% |
| 2016 | 23.0 | -1.03% |
| 2015 | 23.2 | 17.6% |
| 2014 | 19.7 | -3.06% |
| 2013 | 20.3 | -10.12% |
| 2012 | 22.6 | 67.4% |
| 2011 | 13.5 | -10.47% |
| 2010 | 15.1 | -24.61% |
| 2009 | 20.0 |
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.