Taiheiyo Cement
5233.T
#3936
Rank
S$3.28 B
Marketcap
$28.63
Share price
-2.06%
Change (1 day)
12.92%
Change (1 year)

P/E ratio for Taiheiyo Cement (5233.T)

P/E ratio as of November 2024 (TTM): 28.3

According to Taiheiyo Cement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.2861. At the end of 2023 the company had a P/E ratio of -8.70.

P/E ratio history for Taiheiyo Cement from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-8.70-205.8%
20228.238.5%
20217.5825.33%
20206.05-44.95%
201911.0-11.46%
201812.428.09%
20179.6912.59%
20168.61-16.02%
201510.2-22.27%
201413.2-42.39%
201322.9-10.95%
201225.7-14.4%
201130.0-998.36%
2010-3.34-18.74%
2009-4.11-137.9%
200810.9-45.68%
200720.0-65.89%
200658.6201.29%
200519.415.14%
200416.9

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.