P/E ratio for Shoei Co., Ltd. (7839.T)
P/E ratio as of April 2025 (TTM): 11.5
According to Shoei Co., Ltd.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5121. At the end of 2023 the company had a P/E ratio of 17.4.
P/E ratio history for Shoei Co., Ltd. from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 17.4 | -25.17% |
| 2022 | 23.2 | -22.74% |
| 2021 | 30.1 | 4.44% |
| 2020 | 28.8 | 33.35% |
| 2019 | 21.6 | -18.05% |
| 2018 | 26.3 | 29.99% |
| 2017 | 20.3 | 78.5% |
| 2016 | 11.3 | -7.86% |
| 2015 | 12.3 | -16.88% |
| 2014 | 14.8 | -4.97% |
| 2013 | 15.6 | -83.36% |
| 2012 | 93.7 | 169.24% |
| 2011 | 34.8 | 101.35% |
| 2010 | 17.3 | 2.41% |
| 2009 | 16.9 |
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.