P/E ratio for Sharp Corporation (6753.T)
P/E ratio as of September 2023 (TTM): -1.85
According to Sharp Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.85029. 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 |
|---|---|---|
| 2022 | 9.61 | -56.77% |
| 2021 | 22.2 | -34.83% |
| 2020 | 34.1 | 216.36% |
| 2019 | 10.8 | -64.05% |
| 2018 | 30.0 | -145.6% |
| 2017 | -65.7 | 7430.79% |
| 2016 | -0.8730 | -51.76% |
| 2015 | -1.81 | -104.66% |
| 2014 | 38.8 | -7274.32% |
| 2013 | -0.5410 | -69.39% |
| 2012 | -1.77 | -103.73% |
| 2011 | 47.4 | -83.79% |
| 2010 | 293 | -4143.62% |
| 2009 | -7.23 | -139.83% |
| 2008 | 18.2 | -25.4% |
| 2007 | 24.3 | -5.83% |
| 2006 | 25.9 | 12.67% |
| 2005 | 22.9 | -32.39% |
| 2004 | 33.9 | -16.39% |
| 2003 | 40.6 | -97.61% |
| 2002 | > 1000 | 263.22% |
| 2001 | 467 |
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.