Drecom
3793.T
#8478
Rank
S$0.18 B
Marketcap
$6.27
Share price
1.55%
Change (1 day)
3.33%
Change (1 year)

P/E ratio for Drecom (3793.T)

P/E ratio as of November 2024 (TTM): 92.7

According to Drecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 92.729. At the end of 2022 the company had a P/E ratio of 20.4.

P/E ratio history for Drecom from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.484.1%
202111.1-19.39%
202013.7-97.38%
2019525-8380.81%
2018-6.34-109.14%
201769.397.16%
201635.2-467.98%
2015-9.56-94.5%
2014-17429.62%
2013-13450.79%
2012-88.9-654.69%
201116.0-95.91%
2010392-653.96%
2009-70.8

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.