P/E ratio for Secom (9735.T)
P/E ratio as of May 2023 (TTM): 20.8
According to Secom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.8211. At the end of 2022 the company had a P/E ratio of 20.7.
P/E ratio history for Secom from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.7 | -24.76% |
| 2021 | 27.6 | 26.2% |
| 2020 | 21.8 | -3.77% |
| 2019 | 22.7 | 14.22% |
| 2018 | 19.9 | -4.86% |
| 2017 | 20.9 | -13.76% |
| 2016 | 24.2 | 3.45% |
| 2015 | 23.4 | 28.3% |
| 2014 | 18.2 | 12.03% |
| 2013 | 16.3 | -34.6% |
| 2012 | 24.9 | 78.66% |
| 2011 | 13.9 | -25.49% |
| 2010 | 18.7 | -50.17% |
| 2009 | 37.5 | 108.2% |
| 2008 | 18.0 | -18.11% |
| 2007 | 22.0 | -20.43% |
| 2006 | 27.7 | 46.36% |
| 2005 | 18.9 | -56.27% |
| 2004 | 43.2 | 93.74% |
| 2003 | 22.3 | -43.07% |
| 2002 | 39.2 | 4.49% |
| 2001 | 37.5 |
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.