SMC corp
6273.T
#587
Rank
$32.18 B
Marketcap
$501.78
Share price
-0.14%
Change (1 day)
-1.93%
Change (1 year)

P/E ratio for SMC corp (6273.T)

P/E ratio as of April 2024 (TTM): 22.5

According to SMC corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.484. At the end of 2022 the company had a P/E ratio of 16.0.

P/E ratio history for SMC corp from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.0-42.96%
202128.0-29.57%
202039.823.7%
201932.189.19%
201817.0-24.42%
201722.522.18%
201618.4-10.75%
201520.6-0.65%
201420.7-2.8%
201321.324.03%
201217.24.39%
201116.5-14.52%
201019.3-87.66%
2009156

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.27-118.98%๐Ÿ‡บ๐Ÿ‡ธ USA
301 1,237.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-48.9-317.49%๐Ÿ‡บ๐Ÿ‡ธ USA

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.