P/E ratio for Sekisui Chemical (4204.T)
P/E ratio as of April 2024 (TTM): 11.3
According to Sekisui Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3085. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Sekisui Chemical from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | -59.06% |
| 2021 | 25.7 | 14.73% |
| 2020 | 22.4 | 63.2% |
| 2019 | 13.7 | 9.7% |
| 2018 | 12.5 | -24.36% |
| 2017 | 16.5 | 2.52% |
| 2016 | 16.1 | 1.62% |
| 2015 | 15.9 | 10.42% |
| 2014 | 14.4 | -5% |
| 2013 | 15.1 | 19.68% |
| 2012 | 12.6 | -0.85% |
| 2011 | 12.7 | -3.05% |
| 2010 | 13.1 | -80.27% |
| 2009 | 66.6 |
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.