Sharp Corporation
6753.T
#2417
Rank
$4.84 B
Marketcap
$7.46
Share price
1.93%
Change (1 day)
-33.69%
Change (1 year)

P/E ratio for Sharp Corporation (6753.T)

P/E ratio as of December 2022 (TTM): 7.84

According to Sharp Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.83923. At the end of 2022 the company had a P/E ratio of 9.61.

P/E ratio history for Sharp Corporation from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.61-56.77%
202122.2-34.83%
202034.1216.36%
201910.8-64.05%
201830.0-145.6%
2017-65.77430.79%
2016-0.8730-51.76%
2015-1.81-104.66%
201438.8-7274.32%
2013-0.5410-69.39%
2012-1.77-103.73%
201147.4-83.79%
2010293-4143.62%
2009-7.23-139.83%
200818.2-25.4%
200724.3-5.83%
200625.912.67%
200522.9-32.39%
200433.9-16.39%
200340.6-97.61%
2002> 1000263.22%
2001467

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.