P/E ratio for Shionogi (4507.T)
P/E ratio as of April 2024 (TTM): 9.53
According to Shionogi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.53055. At the end of 2022 the company had a P/E ratio of 9.78.
P/E ratio history for Shionogi from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.78 | -62.57% |
| 2021 | 26.1 | 76.74% |
| 2020 | 14.8 | -3.54% |
| 2019 | 15.3 | -3.85% |
| 2018 | 15.9 | -21.14% |
| 2017 | 20.2 | 2.96% |
| 2016 | 19.6 | -35.05% |
| 2015 | 30.2 | -11.03% |
| 2014 | 34.0 | 236.31% |
| 2013 | 10.1 | -22.62% |
| 2012 | 13.1 | -1.19% |
| 2011 | 13.2 | -34.5% |
| 2010 | 20.2 | -9.1% |
| 2009 | 22.2 |
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.