According to Toho Co.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.6567. At the end of 2022 the company had a P/E ratio of 24.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 24.5 | -33.64% |
2021 | 36.9 | -12.83% |
2020 | 42.3 | 85.79% |
2019 | 22.8 | -7.27% |
2018 | 24.6 | 16.16% |
2017 | 21.1 | 16.15% |
2016 | 18.2 | -22.78% |
2015 | 23.6 | 10.41% |
2014 | 21.4 | -25.08% |
2013 | 28.5 | 72.4% |
2012 | 16.5 | -54.6% |
2011 | 36.4 | 53.05% |
2010 | 23.8 |
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.